Managing Your Student Loan Debt
All too often anyone you talk to who has student loan debt will tell you the same thing: they feel that they are making little to no progress in paying this debt off.
And it’s understandable. It’s easy to feel like you’re spinning your wheels when dealing with the same debt over and over again every month. There are many who are living paycheck to paycheck, barely able to make ends meet, having to give up “a life” for the sake of scratching out enough to make a debt payment. It can be pretty demoralizing when making a meager student loan payment makes a next to nothing impact on the outstanding balance. It’s a sad story to tell when you take into consideration the fact that being saddled with drowning student loan debt was the price to pay to get an education in the hope of having a prosperous and productive future.