Many Americans carry student loan debt which, according to the Federal Reserve System, has reached an all-time high of $1.67 trillion – more than the nation’s total credit card debt. And although the new Biden administration just hit another pause button deferring payments until September of 2021, those loans will still have to be re-paid.
While the average U.S. household student loan debt is $47,671, students with professional degrees, especially healthcare professionals, take on much more. According to a November 2020 NerdWallet article:
