Caps, gowns and student loans are a part of the college experience. While students can return the ceremonial clothing after graduation, they may carry the debt for years to come, but it doesn’t have to be expensive and overwhelming.
Every spring, thousands of students don a cap and gown, accept their diplomas and walk into the next phase of their lives full of excitement. They’ve shed the weight of books, classes and papers, but they may still carry one thing – student loan debt.
Student loan debt impacts more than 40 million Americans and totals approximately $1.4 trillion.