The assignment is to provide specific financial suggestions for how to pay off student debt early...

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Finance

The assignment is to provide specific financial suggestions forhow to pay off student debt early using one or morebusiness decision-making techniques. Pleasespecific and provide specific actions. Thank you

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The federal aid and the loan program for the students are advocated under higher education ActHEA The reform measure taken under this Act has opened several options to pay off the loan or debt of the students One of such action in favour of the debt repayment is called Payroll deduction and the other is known as IDR 1Payroll deduction It is a process where student loans can be repaid directly by means of payroll deductions Therefore the effort to be taken for check delivery or to exercise electronic transfer of the repaid amount is not required which can restrain the default to repay the money to the authority who disbursed the loan for a student Alike with payroll taxes See Answer

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