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Please Explain Student Loan Debt

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Essay

Please explain student loan debt. What is the average debt? How does a student loan work? What are some ways to manage repayment?


Definitions:

Entrepreneurship

The process of identifying opportunities for which marketable needs exist and assuming the risk of creating an organization to satisfy them.

Customer Base

Refers to the group of customers who repeatedly purchase the goods or services of a business.

Environmental Forces

External factors that influence a business's operations and decision-making, including economic, political, regulatory, technological, and social factors.

Small Business Manager

An individual responsible for overseeing the operations, making critical decisions, and leading the strategy of a small business.

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