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:
Brittany Tweed, director of financial aid for Anoka-Ramsey Community College in Coon Rapids and president of the Minnesota Association of Financial Aid Administrators
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