How do student loans affect career choices?
Student loans can significantly influence career choices by limiting options based on debt repayment needs.
Can you give me examples of how this happens?
Sure! Many graduates may choose higher-paying jobs to manage their debt, even if they prefer lower-paying, fulfilling careers.
What about the long-term effects of this?
Long-term, this can lead to job dissatisfaction and a lack of career fulfillment, as individuals may feel trapped in their roles.
Are there any alternatives to student loans?
Yes, alternatives include scholarships, grants, work-study programs, and income-share agreements that can reduce debt.
What advice do you have for students considering loans?
I recommend researching all financial options, budgeting for future payments, and considering the potential return on investment for your degree.
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