https://www.cnbc.com/2018/05/16/this-simple-trick-can-save-over-1400-on-your-student-loan.html

https://www.chronicle.com/article/Student-Debt-Is-Worse-for/244145

http://time.com/money/5359103/student-loan-debt-payoff-lawyer-180000/

There was so much information spread out across all of the articles, but the three articles that I wanted to focus on addressing women and student loan debt and strategies to pay loans off (Smart – that is a major story). The truth is, or so it seems, that by the time an individual makes it to college and is in the position to take out loans more likely than not if that is what is standing in the way between you and getting a degree you will accept the loan. Not always do students understand the ramifications surrounding loans until graduation is over, real life hits, and it’s time to pay up.

I found that the articles that talked about actually managing the loans were very helpful. The CNBC article provided a very simple yet effective way to show how putting a little extra money toward the payment amount each month can really make a difference in the amount paid overall. Paying an extra $25 toward a $30,000 loan doesn’t seem like much until you realize that without that extra money you would have shelled out extra money.

The article on Time about Nicole Medham and how she paid off $180,000 in eight years showed one version of a how-to guide. Recent graduates don’t always have examples to look to and can find themselves overwhelmed. Medham shared tips that included living at home after graduation, even with a ‘good paying’ job.

The last article that I wanted to focus on was about the connection that women have with loans and loan repayments. The Chronicle of Higher Education made some very interesting points about why women are in the position that they are in and it made logical sense to me. Women tend to dominate in fields that tend to pay them less than their counterparts. Because of seemingly bottom lines like this women are not able to pay back their loans as aggressively as men are.

One of my main questions would have to be why doesn’t our university have more interactive informational sessions and sessions regarding how to make smarter money decisions to manage and alleviate loan debt? What ways can a college student begin to work toward being debt free while still in college? Very good question. 5 of 5 points