Student Loan Debt

The current amount of student loan debt owed by American graduates is over $1.48 trillion.¹ The average amount of debt that students graduate with each year keeps going up. For many, this can seem like an unbearable burden that can hold you back from reaching some of your other major goals in life.

Many times students graduate college after loading up on student loan debt then have no clue how to pay off what can sometimes seem like an impossible amount. Here are some common questions graduates have that Townsend Financial can help to answer:

• Should I pay off the loan as quickly as possible?
• How much should I be paying each month?
  
• What rate am I paying?
  
• Should I refinance?