The student loan crisis in the United States continues to escalate, with borrowers owing approximately $1.57 trillion in student debt as of 2021. This financial burden affects over 42 million Americans, hindering their ability to purchase homes, start families, or save for retirement. The average debt per borrower hovers around $37,000. Despite numerous relief programs and payment pauses, the crisis deepens, showcasing a fundamental flaw in the higher education financing system. A growing call for substantial reforms, including potential loan forgiveness and changes to education funding, signals a critical societal recognition of the persistent, troubling issue.

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