Your Finance: Tips for repaying student loans
Photo credit: Jessica Rotkiewicz | Lara Nasifoglu, 23, of Smithtown, sits with her original and handpainted textile designs in her bedroom in Smithtown. Nasifoglu says that 75 percent of her pay goes toward paying off her student loans, which total close to $70,000, and she can't even thinking about saving. (Jan. 10, 2012)
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The Class of 2011 is said to be the most indebted ever, with average loan balances near $27,000, according to Mark Kantrowitz, publisher of FinAid.org. May grads started getting billed around Thanksgiving. Ouch.
That's double-ouch for the grads who are still looking for jobs or working in low-paying, no-benefits gigs. But there are, in this era of low interest rates, some ways to cut student...
