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Tips to manage student loan debt

Student loan debt is rising fast in the USA since 2006, reportedly growing to approx. $1.4 trillion by the end of 2016, that is 7.5% GDP. The growth is indeed painfully high but with astute management students can cope with a lot of chaos associated with loans. Here are 7 on-the-money tips for students struggling with student loans. Practice these tips and manage your debts like a pro.

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Tips to manage student loan debt

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  1. Tips TO MANAGE STUDENT LOAN DEBT

  2. UNDERSTAND THE NATURE OF YOUR LOAN

  3. DO KEEP MAINTAIN A CONTACT WITH YOUR LOAN PROVIDER.

  4. CHOOSE THE RIGHT PAYMENT OPTION.

  5. DECIDE WHETHER TO OPT FOR CONSOLIDATED OR NON-CONSOLIDATED LOANS.

  6. DON'T GET INTO TROUBLE WITH YOUR STUDENT LOAN.

  7. KNOW LOAN FORGIVENESS AND OTHER FLEXIBLE OPTIONS.

  8. KEEP A CHECK ON LOAN RESOURCES

  9. PRESENTATION BY

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