Dealing with student loan debt can seem unbearable and overwhelming. As I mentioned in 15 Ways To Deal with Student Loan Debt, the average student owes a whopping $40,000 after graduation — but almost one in five students owes $50,000 or more, and 5.6 percent owe over $100,000.
Maybe you worked hard to save money in college, diligently keeping your student loan debt in mind. Maybe you made some huge financial mistakes during college and ended up taking out much more than you imagined. Whatever road you took to amass this student loan debt, now is the time to start planning your exit route.