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As you’re probably aware, student loans are today’s largest form of student aid. Researchers have found they make up to 54 per cent of total aid awarded every year. However, with the rise of student loans, several cases of student loan defaults occur. Student loans debt is one of today’s major problems for most student borrowers… and it’s rising every year.Get All the Answers You NeedCollege expenses as well as the graduate school costs have also gone up faster than inflation. This is often the case when you take out a student loan then another loan followed by another loan. The more you take up the student loans you’re offered, your loan debt gets bigger and bigger.Since student loans debt is usually unavoidable as you make your way to the attainment of your dreams of higher education, it is doubly important you consider taking steps that will help you lower or manage your debts responsibly. Perhaps one essential thing to consider is to enter into student loan agreements with your eyes wide open!Think Before Your BorrowMany people find it easy to rush through the student loan process. However, if you take a minute to consider some money saving tips mentioned below, you could save yourself some bucks in the long run. So keep reading. Click here to get 10 essential borrowing tips.