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A mortgaged future: Few options for area college graduates facing large student loan payment

Published 03/23/2013, INFORUM

FARGO - Financial counselor Duane Emmel says Benjamin Franklin’s famous quotation is missing one certainty of modern-day life. “It’s sort of like death and taxes, and student loans,” he said. A new report from the New York Federal Reserve shows it’s a familiar certainty for a growing number of Americans. Nearly 40 million now have student loans, with an average of $25,000 per borrower.

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