Has our country really gotten so far in the hole that we are approaching 1 TRILLION in student loan debt?
According to finaid.org, apparently we have. The student loan debt clock above includes all federal and private outstanding student loan debt and is increasing at an astounding rate of $2,853.88 per second.
I have talked a lot about student loans in the past few weeks, but that is because they can be very poisonous to your financial health down the road, if not managed properly.
Here are some excellent ways that you can minimize your student loan debt and find free money for college.
- Maximize your free grant aid
- Understand your student loans
- Avoid large scholarship search engines, and stay local
- Submit your FAFSA every year at FAFSA.gov. The application is free, will not take you any longer than 30 minutes, and could earn you thousands of dollars in free federal grant money.