$100k+ In Student Loan Debt? 4 Top Repayment Strategies – Forbes
Most people only expect to borrow $100,000 or more when they take out a mortgage, but a small percentage of student borrowers owe at least that much on their student loans.
Student debt figures from 2018 show that more than 1.2 million borrowers had six-figure student loan balances last year and that over 520,000 souls owed more than $200,000.
This is only part of the reason student debt has become a $1.5 trillion crisis that only gets worse every year. Even the average borrower graduated school with nearly $30,000 in loans in 2018 according to Student Loan Hero more than enough money to make a down payment on a house or buy a new car.
How to Handle Six Figures in Student Debt
No matter how you cut it, our student debt situati…
Read the full article at: https://www.forbes.com/sites/jrose/2019/04/15/100k-in-student-loan-debt-4-top-repayment-strategies/