The average college graduate comes away with a degree–and $29,000 of student loan debt, requiring an average monthly loan payment of $393. That ends up being a really high percentage of new graduates’ salaries, so perhaps it’s no surprise that, in 2018, 20% of student borrowers were behind with their payments. The problem is: once you’re behind, it can be even easier to get more behind.
We’re here to help you figure out how to not let that happen to you. How do student loans work? How do you know how much you can afford to borrow? How do you choose the right (cheapest, most flexible) loan? And how do you best manage the costs?