In addition to help from my parents, I took out unsubsidized student loans and private loans to help cover the cost of tuition. I left college with about $25,000 in student loan debt, a little more than the average. In the 2 years since I graduated, I’ve paid off all the high interest debt and have about $9,000 left on a variable 2.25% loan, which I’m happy to pay off a little less aggressively.
I’ve done several posts about student loan repayment options, but I want to hear from you. What tips do you have for keeping costs low? One of the most important things you can do is keep current with payments and if possible, make payments during school! It may mean getting a part-time job, but the difference will be huge once you graduate and you will be grateful to have a big chunk of that debt missing!