In the United States, there are more than 44 million borrowers who collectively owe $1.5 trillion in student loan debt.
An average student in the class of 2016 owes around $37,000.
Katie Boomgaard brings you some ways to pay off your debt faster and help your wallet take less of a hit in this week’s Living Right.
As well as daveramsey.com, you can also check out the websites funcheaporfree.com and budgetbootcamp.com for more help managing your debt and finances!
According to the student aid website, there are at least five ways to get your student loan forgiven, including working in a public service job, teaching, firefighting, and several others.
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