Tag: Debt Snowball
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Debt Snowball Method: A Simple and Effective Way to Pay Down Student Debt
Student loan debt is a big concern for many people in the U.S. As of 2025, the average federal student loan balance is approximately $38,883, and the total federal student loan debt in the United States is $1.61 trillion. Student loans can feel overwhelming, but there’s an easy way to start paying them down faster. It’s…