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They owe it to you to help pay for their college education. Can you explain the student loan strategy you mentioned on air earlier today?[see the segment above] Kyana, who was on the TODAY Show this morning had ,000 of a student loan that she was paying back 0 a month under the IBR or Income Based Repayment Program.Her loan interest is growing rather than decreasing.In 20 years, when her loan will be forgiven, she will have approx.So, you have got to get the word "can't" out of your vocabulary.You might want to think about getting a job at a non-profit organization because if you do, you then can pay back your student loan debt under the IBR method and after 10 years, it's totally forgiven.RELATED: Suze Orman: 'Don't give your kids an allowance' and other money tips for parents We have several student loan companies. How do I determine which credit card to pay off first?
Every time I'm able to put a little money in savings, something happens and I end up having to deplete my savings. I have no credit card debt, but am drowning in student loan debt.Facing credit card debt can be overwhelming, but I want to pay them all off. You are to pay the minimum payment due this month every month from now on, even if the min. You are to add that to the highest interest rate card you are paying. Should I pay it off by taking money out of my trust or get a loan from a bank or credit union? Really start focusing on paying it off every single month.
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