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Got Student Debt? Here’s How to Deal the Right Way

Super stressed by your student debt and not sure how to deal? You’re not alone.

The average university student now graduates with approximately $22,000 in student debt loans. To make matters even more challenging, students are also graduating without solid full-time job prospects, which also makes it tricky when it comes to paying down the amount of student debt owed.

If you’re a recent graduate and are worried about reducing your student debt, it’s a great idea to learn as much as you can about your options and the steps that you can take to manage your student debt load the right way.

This round-up of articles, tips, tricks and tools will provide you with the information you need to get started:

  1. Drowning in Student Debt? 3 Debt Relief Strategies that Will Help

Seeking assistance, reducing your overall debt load and getting a second opinion are all really great ways that you can deal with your student debt in a proactive way. They are also three strategies that recent grads may not consider or even be aware of. Check out this article for more information on how applying for a Repayment Assistance Plan (RAP) — or even checking out personal finance blogs — can help you gain control and worry less when it comes to your student debt.

  1. How to Pay Off Student Debt After Starting Your First Job

Lucky enough to land a decent first job right out of school? Although it’s time to celebrate, it’s also time to focus on reducing your student debt burden. This article provides solid advice on how to use the income generated from your post-grad gig to help diminish your student debt (and your student debt stress!). Check out the blog here.

  1. Student Loans and Bankruptcy

If you are really struggling with a heavy student debt burden and wondering what your debt relief options are, you may have questions about student loans and bankruptcy. This helpful resource will answer many of the questions you may have about student loans and bankruptcy and will also provide additional strategies for student debt relief that you may not have considered.

Recent grads – how do you plan to repay the student loan debt that you owe? What concerns do you still have? Join the conversation and connect with other recent grads by sharing your thoughts with us on social media using the hashtags #Millennials and #DebtSolutions.

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