From Nasdaq

May 6, 2025 07:03:00 AM:

Student loan debt in America has reached $1.77 trillion, with 43 million borrowers affected. Using DeFi loans allows borrowers to use crypto assets as collateral to pay off student loans. However, there are risks such as liquidation, variable interest rates, and smart contract vulnerabilities. Another option is using a third-party platform like BitPay to pay student loans with crypto. This method involves converting crypto into cash to make payments but results in losing digital assets.

Read more at Nasdaq: How To Pay Down Your Student Loan Debt With Crypto