Student Loan Burden

Student loan burden refers to the financial strain that borrowers experience due to the amount of money they owe from student loans. Many individuals take out loans to pay for college education, which can lead to significant debt upon graduation. This burden can affect their ability to save, purchase homes, or invest in the future, as they allocate a large portion of their income to loan payments. High levels of student debt can also contribute to stress and limit economic mobility, making it a pressing concern for borrowers and policymakers alike.