- Canadian Tax Resource Blog - http://blog.taxresource.ca -

Student Loan Tips For The New Graduate

Many Americans leave college with $20,000 of student loan debt and lenders are eager to have your business. Here is a list of things you can do to pay down your student loan debt faster.

Federal Student Loan Debt Consolidations

Accelerate Your Payments

Make Your Payments Electronically

Bargain Hunt

Other Things to Consider

Make sure that you take steps track your net worth and establish a budget. As you pay down your debts, you will see the financial impact of your decision and will have a periodic progress report on your financial marks.

You may also want to consider disability insurance and if you have children, life insurance. These types of policies will typically be less expensive when you are younger while the converse ill be true for auto insurance.