Repaying Student Loans

Americans owe $1.48 trillion in student loan debt amongst 44 million borrowers. Average debt for graduates in 2017 was $39,400.

Here are a few ways students can begin to repay their loans.

1. Organize your documents to understand the scope of your debt.
2. Consolidate and refinance your loans.
3. Always pay more than the minimum payment.
4. Get a side gig to pay more toward the loans.
5. Take advantage of tax deductions and credits.
6. You must save at the same time as paying off the loans.

Image via Michigan Radio.