Paying Off Student Loans? You Can Do It With Crypto

Paying Off Student Loans? You Can Do It With Crypto
The student loan debt market in the United States stands at more than $1.73 trillion, with over 42.3 million debtors required to pay an average debt of $39,351 each. For now, the government has put federal loan repayments on pause until January 2022, but that deadline is fast approaching.For students who hold crypto assets and are interested in exploring different avenues for repaying their loans, there are a number of decentralized finance (DeFi) options worth knowing.What is DeFi?DeFi expands the use of blockchain from simple value transfer to more complex financial services. Specifically, DeFi refers to an ecosystem of decentralized…