Fast-Track Strategies for Student Loan Repayment

Higher education is often hailed as the gateway to personal and professional growth, offering individuals the opportunity to expand their knowledge, skills, and networks
However, the pursuit of higher education in the United States frequently comes hand in hand with a significant financial burden that can persist long after graduation.
More than 43 million people in the US have federal student loan debt, and the federal student loan portfolio equals $1.6 trillion. On top of that, it takes the average student loan borrower 20 years to pay off their loan.
Unfortunately, the elevated interest rates in the US have made student loans even more complicated - and could be turning them into something that’s sabotaging your financial success.
In this week’s video, we’ll discuss if you should prioritize paying your student loans and how to repay them fast.
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• Fast-Track Strategies ...
#DowJanes #StudentLoan #GoodOrBadDebt

[@DowJanesFinancialEducation]

Join over 17,000 women+ paying off debt and building wealth faster than they ever imagined possible. Click here to enroll in our Million Dollar Year Program: www.dowjanes.com/programs/million-dollar-year

[@kellycavin8906]

Do you have recommendations for any good student loan counselors?

[@angelaherder7181]

Oh my gosh, our parent plus loan is 14.5% interest rate. It feels so criminal.

[@johnnyr19026]

Very criminal

[@DowJanesFinancialEducation]

Awareness of your situation is a great first step toward tackling your debt! You’ve got this!

[@karaashley3645]

does anyone know about student loan forgiveness programs in Canada?

[@rosemarywilliams9969]

What makes me so upset is that I was making payments but the new servicer was not counting it. I've been back to back with written complaints even contacted the better business...wish they were held liable when they mess up people's accounts.

[@DowJanesFinancialEducation]

Oh no! We’re so sorry this happened to you! Hopefully it’ll be resolved going forward, and now you have experience with advocating for yourself! Silver linings.

[@LoneStarRanchTours]

You think mortgages are still 4-5% ? That’s not accurate.

[@DowJanesFinancialEducation]

We know that mortgage rates vary greatly these days! We are now calling high interest rate debt anything above 10% interest rate.