Student loan debt is something that many of us struggle with after graduation. According to “Americans owe nearly $1.3 trillion in student loan debt, spread out among about 43 million borrowers. In fact, the average Class of 2016 graduate has $37,172 in student loan debt, up six percent from last year.”

These numbers really hit home every month when you get the online (or paper) reminder that your dreaded student loan payment is due. The psychological impact can feel even worse than the financial one when the anxious questions start to flood our minds: Will I spend the next 40 years paying minimum payments? Will I ever make enough in my job to not live paycheck to paycheck? What if I can’t pay it back? What will happen to my credit score?

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