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How will avoiding student loans help set the tone for not taking on debt for the rest of your life?

Answer

The main reason why avoiding student loans would help set the tone for not taking on debt for the rest of your life is that it would give a person the drive to make money without taking a loan.

What is a Loan?

This refers to the amount of money or securities collected by a person for some time for a certain thing, to pay back with interest.

Hence, we can see that based on the fact that student loans can be helpful to pay for tuition and other school-related stuff, the interest charges are somewhat high and by being debt-free, one can learn to be self-sufficient.

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