International Baccalaureate (IB) Practice Exam 2026 – Complete Study Resource

The statement that millions of people can afford their student loan payments is misleading and does not accurately reflect the broader reality of student loan debt in many contexts. While there may be individuals who can manage their payments without hardship, there is significant evidence and prevalent sentiment suggesting that a substantial number of graduates struggle with their student loan debt. Many borrowers experience financial strain due to rising education costs and stagnant wage growth, which can make repayment challenging.

In contrast, the other statements provide a clearer reflection of various truths surrounding debt. Debt being described as owing anything to anyone accurately captures the essence of what debt is. The normalization of student loan debt in our culture points to a societal acceptance of borrowing for education. Lastly, characterizing a student loan as an award is misleading and reflects a misunderstanding, as loans are financial obligations that need to be repaid, rather than gifts or free financial aid.