Last May I graduated college with a student loan balance of $29,000. Being an individual who was always mindful of my spending, this number was daunting. I had never even left a balance on my credit card.
Yet, I could still find relief in knowing that I was below the national average. 2017 graduates average nearly $40,000 in student loan debt. The United States altogether holds $1.48 Trillion in student loan debt. Talk about monstrous. And honestly, I don’t see it declining in the near future.
Even though $29,000 seemed immense, I knew that if I made smart decisions and planned accordingly I could make it work. Fast forward to June of 2018 and I’m officially free of student loan debt.
With graduates taking on increasingly more debt each year, I thought I’d share my story.