Meaning of the word "student debt" in English

What does "student debt" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

student debt

US /ˈstuː.dənt dɛt/
UK /ˈstjuː.dənt dɛt/

Noun

money owed by students for educational expenses, typically in the form of loans that must be repaid after graduation

Example:
Many graduates struggle with significant amounts of student debt.
The government is exploring options to alleviate the burden of student debt.