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Student Loan Calculator | Repay Student Loan

 

According to a recent poll conducted by American Consumer Credit Counseling, 77 percent of consumers have outstanding student loan debt, with 100% percent of respondents between the ages of 18 and 24 reporting that they have taken out a student loan. For a full breakdown how student loan debt has held respondents back from typical life milestones such as getting married and having a child, check out the infographic.

To prevent student loan debt from holding you back from “growing up,” it’s important that you are aware of the different repayment options available to you. Check out this Talking Cents blog post for a comprehensive list of student loan repayment options. For basic financial tips for post-college life, check out this post.

If you armed with the right information, paying off debt will be less intimidating and you will be able to make the most informed decisions for your future. Visit ACCC’s Student Loan Education Center for the information and resources necessary to help you make the best possible financial decisions about your college education and help you maneuver the repayment process without relying on going into credit card debt or additional loans.

American Consumer Credit Counseling (ACCC) provides nonprofit credit counseling, financial education, debt relief consolidation and debt reduction services for consumers nationwide. We offer free credit counseling to help individuals and families learn how to pay down credit card debt and how to eliminate debt altogether. As an alternative to expensive unsecured debt consolidation programs for settling credit card debt, our debt management programs help consumers pay off debts and manage credit card debt more quickly by consolidating payments. We also offer debt negotiation services to help reduce finance charges and interest rates. And our financial education services show consumer how to manage money more effectively and how to get rid of credit card debt more quickly – usually in five years or less.

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