BY TERRY SAVAGE savage@suntimes.com June 10, 2012 6:28PM
Student loan debt is becoming a national crisis — as well as a personal nightmare for college grads. There is now more student loan debt than credit-card debt outstanding. And the accomplishment of college is dwarfed by the insurmountable task of loan repayment. But it’s something you must deal with now, while you have options.
Sadly, your college degree didn’t come with a job guarantee. For many graduates, the idea of even thinking about starting to repay those student loans is a nightmare. But even if you don’t have an income, you must deal with your student loans within six months of graduation.
There are several helpful alternatives that will postpone the repayment process until you have the money to do it — albeit the interest will keep building.
To learn more about repayment options, you may read the entire article at the link below:
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