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Discover Ludwig"loan debt" is a correct and usable phrase in written English.
It typically refers to when someone borrows money and then repays that money over a fixed period of time with stipulated terms and interest rates. Example: The family was struggling to pay off their loan debt and needed to find a way to make ends meet.
Exact(51)
"She had student loan debt.
Student loan debt exceeds one trillion dollars".
Student loan debt jumped in March.
You have student loan debt.
We have student loan debt.
"Student loan debt is almost never forgiven.
Similar(9)
Student-loan debt is also rapidly rising.
Student-loan debt is a good example.
They have a mountain of student-loan debt.
All I have is student-loan debt.
After all, student-loan debt isn't just a financial thing.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com