Question

five min speech on "Financial aid is a solution to student debt" with the source.

Answer 1

Financial aid is a solution the student debt.

Yes it is true that the student who is undergoing any course from college and he has taken financial debt from bank or any other private institutions so it will be hard for the students to carry on their studies properly while they are under the burden of paying the money back to the bank or any institution from which the student has taken the debt for study purposes.

Every student and family should know that FAFSA stands for free application for student aid which provide financial aid desicion to the student in search of study debt.

I believe that financial aid is beneficial for the students who are not in the condition to pay the bank the debt amounts on time and this aid would provide students a convenience in paying back the debt amounts taken for the purpose of the study.

The federal bank of new York said that The Federal Reserve Bank of New York said in February of 2017 that student loan debt rose for the 18th consecutive year and that borrowing for higher education has doubled in just eight years. If you have student loan debt, find out how to manage it responsibly before it become a burden on you.