Since the establishment of the Student Loan Marketing Association (SLMA) in 1972, it has become more simpler to borrow money for education.
Education is a deliberate process with certain goals in mind, such as the transmission of knowledge or the development of abilities and moral qualities. The growth of comprehension, reason, compassion, and honesty are a few examples of these objectives.
Some theories demand that education lead to the betterment of the learner, while others favor a definition of the word that is value-neutral. Education may also refer to the mental states and dispositions that educated individuals possess, rather than the process itself, in a somewhat different sense. Transmission of cultural legacy from one generation to the next was the original purpose of education.
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