How to Handle Your Student Loans
I just covered how to have fewer student loans, and student loans are not a new topic on Imjosh.com but good advice on student loans is always welcome. Sjeans from Stacking Pennies, guest writes on Get Rich Slowly about how to repay your school loans.
The article covers a multitude of topics which should be required reading for anyone attending college.
Key Points
- Differing types of loans and their specifics.
- I have these loans, what do I do? consolidation etc.
- What to do if you can’t afford your payments?
- What to do if you CAN afford to make your payments?
- More points on private loans.
This is an amazing resource and should get you up to speed on what you need to start doing. Remember financial advice doesn’t always work out the same for everyone, but you cannot simply ignore education debt.
Start making a plan, start making payments, start making sacrifices, stop accumulating debt.
A Rough Guide to Repaying Student Loans - Get Rich Slowly