7 Things You Didn't Know About Paying Off Student Loans

There are a number of ways to pay down your loans. Here are a few things -- good and bad -- about the process that you might not have known.

Sixty percent of graduates from the class of 2011-12 entered the real world with student-loan debt -- having borrowed $26,500, on average.

That’s not small change, especially when you consider that interest charges will add thousands to debt payments over the life of the loans. It pays -- literally -- to understand your payment options.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here