Do you know that the amount of outstanding student loan debt in the United States for the fiscal year 2020-2021 is $1.57 trillion?
To pay for their education, 30% of college students take on debt, including student loans.
Borrowers owe an average of $38,792 in student loan debt.
Paying down your student loans as early as possible will save you money. According to a recent survey, many Americans are still paying off college loans after they turn 40.
Let’s look at all of the mistakes we make while repaying our student loans, whether intentionally or unintentionally.
