At the time, walkmans were trending: people would use recording devices to record the song if it played via the radio or at a concert. You would know at least one friend who has a legit copy (vinyl or cassette) “borrowing” that for the purpose of pirating music, in which that finished recording is replayed on a walkman to listen.
The invdividual uses a voice recorder, the ones with cassettes to store audio but what could happen is that you can capture other audio cues irrelevant to the song (door opening or people speaking in the background). It’s kind of volatile in that sense, unless you are in a room that’s dead silent and soundproof capturing the audio.
If you had trusted friends in school, you could each chip in half the cost of a new album/tape you wanted to get, make a copy, and you each got to listen to it at home whenever you wanted. The next time you did it, the person who got the copy would get the original.