Student Debt Help

student debt help

Get Student Debt Help Today

Are you recent a college student struggling with student debt? Do you need student debt help? Don’t worry – you’re not alone!

Currently there are millions of people who have outstanding student debt. The debt amount for 2010 graduates was around $25,000 per person on the average. That’s a lot of money. We understand that graduating with a big load of debt into a not so great economy can be rough. Here are four student debt help tips to get you going in the right direction.

Live at Home

We understand that the last thing you want to do after college is move back in with mom and dad. After all, isn’t going to college about learning to be independent? We get it, but if you do some simple number crunching you’ll soon realize how beneficial moving back in with your parents can be in the long run.

Let’s say your new job pays $30,000 a year. If you’re living on your own in an apartment, you can expect to spend anywhere from $500 – $1000 on rent. That’s per month! That’s almost 1/3 of your entire salary. If you lived at home for a year, you could take that money a pay it towards your student debt. And what if you lived at home for five years? Well you may be able to pay off all of your debt and start saving for retirement.


A powerful tool for student debt help may be something as easy as not going into the office. Sounds contradictory but since the launch of the internet and email telecommuting has become an attractive offer for the young graduate who doesn’t want to be tied to a desk or a commute. And while some employers are reluctant it’s actually becoming more and more common in the global workspace.

Telecommuting can be very beneficial to recent grads who are struggling with money. If you live at home and telecommute you are able to increase your income because less will be going to rent. Telecommuting will also save you on gas money, which can quickly add up. If you’re in a situation where you don’t need a car at then you’ll be saving on monthly car and insurance payments too.

Lastly, telecommuting can be beneficial because it affords you the chance to live somewhere with a lower cost of living while working for a company that may pay above the national average. If landing a job in telecommuting is possible for you then we strongly encourage you to consider it. Many if not all job sites now have a section for telecommute positions.

Avoid Large Expenditures

You just graduated college. Congratulations. Now it’s time to be smart with your money. Hopefully you took a few finance classes while you were there. One easy way to student debt help is to avoid big expenditures immediately after college. A new car while tempting probably isn’t the best investment. They are expensive and come with other costs like gas and insurance. Along with large spending you should have an overall budget and a financial game plan for your new life. Money in Your 20s is a great website for financial advice. Check it out for more info on what not to buy. You can even sign up for their weekly newsletter which is a great way to track your progress.

Higher Monthly Payments & Modify Terms

Some college loans come with a minimum monthly payment, typically around $50 dollars. It may seem tempting to only pay $50 a month as a recent grad – keeping more cash for your pocket – but in the long run paying more in your monthly payments will save you a lot down the road. offers financial calculators that will help with determining your monthly payment. Knowing what you owe will make it easier to determine if you can pay back more each month. Modifying your payment terms could also be a great way to lower your monthly payment, giving you more room to pay toward the actual debt. Visit The Student Debt Repayment Assistant on the Consumer Financial Protection Bureau (CFPB) website for information about your current loan and if you can modify your current rate.

Hopefully these tips provide student debt help. There’s always a way to make your situation better so start here – think about your options and continuing exploring. There’s no reason student debt should impair an exciting time of life.