Strategies for Shrinking Student Loan Debt

Making equal monthly payments is the typical method that many borrowers follow to pay off their student loans. The repayment term is 10, 20, or even 30 years for some--which can feel like a lifetime of paying college debt. Too often, loan debt can prevent borrowers from proceeding with important life events such as starting a family, purchasing a home, or pursuing their desired career. Student loan debt shouldn't be the obstacle that impedes these pursuits. There are strategies that can help borrowers shrink their debt so they can unlock the full economic benefit of their college education. Attend this session to learn more about these strategies so that you share them with the students you serve. [Duration: 75-minutes]

Specific topics covered include:

  • How payments are applied
  • Impact of accrued interest and capitalization
  • Strategies to shrink the principal

Upcoming Date

  • Wednesday, April 04, 2018, 2:00 p.m. CDT