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June 6, 2016

$1.3T student loan debt keeps many grads from starting new businesses

By JOYCE M. ROSENBERG
AP Business Writer

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Would-be entrepreneurs are seeing loan payments eat up cash that might be used for startup costs, or that would serve as cash flow for a new company.

NEW YORK — As millions of people graduate from colleges and universities this spring, student loan debt will put the kibosh on the hopes many of them have to become entrepreneurs. And millions of others who have been out of school for years are in the same unhappy place.


 
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