People have no idea how much they owe on their student loans, and that’s a major reason why default rates as so high.
A December 2014 study released by the Brown Center on Education Policy at Brookings indicates that about half of all students in the U.S. underestimate how much debt they have. 28% of students with federal loans said they had no federal debt, and 14% said they didn’t have any student debt at all.
With just a little organization you’ be in a better position to repay your student loans. But it’s so overwhelming that you don’t know where to start.
Today on The Student Loan Show I go through a 10-step process that will help you get organized and keep things on track.
Resources
- Student Loan Help Facebook Group
- Credit Card Repayment Calculator
- Student Loan Repayment Calculator
- AnnualCreditReport.com
- Experian
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