Don't Default and Other Tips from Student Loan Experts
The average U.S. college graduate leaves school with $30,000 in debt and, often, an uncertain plan for how to pay back the sum.
Of course, some students finish with no debt. Others wind up owing over $100,000 for their degree. You’ve likely heard the horror stories of people’s efforts to pay off their debt.
Perhaps you’ve heard of some success stories. But what are the tried-and-true methods for handling college debt?
Two experts joined MPR News host Angela Davis to explain the student debt crisis and advice for college-goers:
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Brittany Tweed, director of financial aid for Anoka-Ramsey Community College in Coon Rapids and president of the Minnesota Association of Financial Aid Administrators
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Shannon Doyle, program manager for Partnerships and Financial Education at Lutheran Social Service of Minnesota, as well as a certified financial counselor and certified student loan repayment counselor