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    1. Home
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    3. Pay Off Student Loans Faster
    Financial Wellness, College Finances

    Pay Off Student Loans Faster

    03/19/2019

    Pay off student loans faster

    National student loan debt has hit $1.26 trillion and impacts about 44.2 million Americans. If you’re part of that statistic, chip away at student loan debt faster:

    1. Automate your monthly payments if your lender offers discounts or interest rate deductions for doing so.

    2. Leverage today’s interest rates by refinancing your loan at a lower rate.

    3. Make biweekly payments to reduce your outstanding principal amount faster.

    4. Pretend you didn’t get that raise and apply the additional income to your loan.

    About the Author
    Bridget McCrea
    Financial Author, Expert Writing Services, Inc.

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