Use these various ways to pay off student loan debt

There are several ways to get out from under student loan pressure. Valley News/Courtesy photo
TEMECULA – Students and families invest heavily in higher education. Many students rely on student loans to finance their education. In fact, students amassed $1.56 trillion in student loan debt by 2020. According to Forbes, American student loan debt is now the second highest consumer debt category, exceeded only by mortgage debt. The Institute for College Access and Success says the average student loan debt is $32,731, while the median student loan monthly payment is $222. Some students feel like paying off student loan debt is impossible. Many loan repayment schedules kick in shortly after graduation, and certain borrowers may not yet be making enough money to afford even the minimum payments on their student loans. Thankfully, there are ways to get out from under student loan
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