College | October 5, 2018 | Reyna Gobel
My mission as a student loan expert for the last decade has been to help scared borrowers take control of their student loan debt.
I can relate. Personally, I had one of my student loans default back in 2000. I didn’t find out until four years later when I wanted to return to school. It was one out of 16 loans that I simply forgot to consolidate with the others. It was easy to fix. After several months of on-time payments, the default was even removed from my credit report. It felt so good.
Here’s how you can take control of student loan debt and not let it rule your life:
Especially if you are in a relationship with someone who doesn’t have or paid off his or her student loans, you may feel guilty bringing this obligation on to them. Don’t.
I’ve found that the best financial skill you can bring into a relationship is having a plan for your future. Your degree gave you higher earning potential and a better chance at a job you love. As long as you can show you can handle your payments, you’re not a financial burden to anyone.
Consider a Sallie Mae® private student loan
Half the problem with not facing your student loan debt is you won’t learn about the best options for repayment. Here are a few that might work for you:
However, you wouldn't know about any of these options that could make your life easier if you avoid thinking about your student loan debt.
When you have a lot of student loan debt, you may be embarrassed. However, once you’ve researched your options, you’ll feel better talking to friends and family about it.
Whether you’re comparing salary negotiation techniques, student loan repayment options, tips for paying off student loans faster, or credit repair discoveries, there is so much financial knowledge your friends and family can share with you and that you can share with them.
Student loan debt won’t seem so scary once you decide it’s just a minor part of your life.