Tips From The Pros: Uncommon Ways Millennials Can Reduce Their Debt and Invest In 2019 - News Summed Up

Tips From The Pros: Uncommon Ways Millennials Can Reduce Their Debt and Invest In 2019


Sonia Lewis is the CEO of The Student Loan Doctor, a full-service coaching business that helps clients create a plan and understand how to pay off their student loan debt. Below she offers five ways millennials can reduce their debt in 2019 via student loans:Work for a qualifying public service loan forgiveness employer. If a graduate has a lot of student loan debt, strategically working within the public service field over a 10-year period can qualify the person to have the remaining balance of their student loan debt completely forgiven. For example, if the student loan debt was incurred in pursuit of a nursing degree, most states have funding to forgive the debt. Similarly, teachers have a special federal loan forgiveness program that can be used in conjunction with the public service loan forgiveness program.


Source: Forbes December 16, 2018 22:18 UTC



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