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Graduating from college is a wonderful thing that should rightfully be celebrated. But in six months or so, that celebration will be substantially muted when college loan payments begin.
Did you know that the average 4-year undergraduate has $18,625 in student loan debt that will end up costing $25,720 between now and 2022? Being saddled with that kind of debt often leads to putting off major life decisions such as getting married, buying a house and starting a family. That's why the Simple Tuition team offers a SmarterBank account with SmarterBucks rewards. Basically how it works is that every time you make a purchase you use rewards to pay down your student loans a little faster, a little at a time.
And if you want something more immediate, you can also enter the #CrushStudentDebt giveway until the end of May, which awards one lucky recipient up to $25,000 to pay off student loans.
And if you're just entering college or planning ahead, Simple Tuition also has great tools to find student loans, plan payments with a College Cost Adjuster and even get student deals on textbooks. So whether you're a college student yourself or someone helping a college student pay for school, these tools are a must-have.
Then go to www.salary.com and find your desired profession to determine how much money you'll make to pay off all your loans!