You’ve finished school… now what? Here are the basic steps you need to take to stay on top of your debt and make sure that you are paying no more than necessary.
Step 1: Locate the holders of all of your student loan debt.
Step 2: Find the right repayment plan for your budget.
Step 3: Decide if you need a forbearance or deferment.
Step 4: Decide if loan consolidation is right for you.
Step 5: Plan ahead if you think you qualify for Student Loan Forgiveness.
Step 6: Figure out how your student loans affect your taxes.
Remember, this debt will not disappear. The sooner you act, the sooner you can get things under control.