Managing Student Loan Debt
Submitted by Ferguson Financial Inc. on February 5th, 2018A review of some options for federal and private loans.
Are you dealing with student loan debt? Have you explored ways to try and restructure it or have it forgiven?
No one wants to carry five figures of education debt into middle age or retirement, but some do. The burden is not just financial. Last fall, the Madison Capital Times asked student loan borrowers in the state of Wisconsin how they felt about their education debt. Sixteen percent said they were “terrified” of it, and another 30% indicated they felt only slightly less so. Fortunately, you may have possibilities to manage and reduce the debt load and the anxiety it breeds.1