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Loan Balance
The amount of money that remains to be paid on a loan.
Student Loans
Money borrowed to pay for education expenses, which must be repaid with interest.
Principal
The initial sum of money borrowed in a loan or put into an investment, exclusive of any interest or dividends.
Student Loans
Loans offered to students to help cover post-secondary education expenses, which typically have favorable interest rates compared to other types of loans.
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