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Students have the chance to finance their educations at record-low interest rates this year, and financial advisors can help guide families that have college-bound children. That is, if students can accept the strange new world of higher education during a pandemic. Faced with a potential drop in admissions and lower income from tuition, colleges are being forced to confront a bubble in the price of education that has been building for years, faster than the rate of inflation, said Laura Varas, CEO of Hearts & Wallets.
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