College Hack #7: Plan for your Student Debt NOW

This one is simple; students rack up too much student debt. Total student debt in this country has rapidly passed the $1 trillion mark and is approaching $1.3 trillion. The average student has about $30,000 in debt by the time they graduate. As an educator I worry that this is not a sustainable system. A lot could be said for starting financial responsibility while still in college (maybe I’ll write more in the future) but for now be inspired by my friends who paid off their debts quickly. Check out pretendtobepoor.com  My take-home point; start planning NOW for how you will deal with student loans. Many students live in blissful ignorance, not even knowing how much they owe. Start figuring it out during college so it won’t be a shock and burden when you graduate.

 

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