How would you handle $1,000,000 in Student Loan Debt?

student loan debt Jan 03, 2020

Just because there is the very real potential of a large income, does not mean you should blindly take on excessive college loan debt. This gentleman has $1Million in student loan debt. Yes, he has a high income, but he will have to live like a broke college student to get through it. (Think of it as a $100,000 debt on a $25,000 income!) 
It won't be pretty.
Do the math. After taxes, an extremely huge chunk will go toward those loans. And he has more than one!

Download the Checklist, "12 Scholarship Hacks: Tips from Prestigious Scholarship Judges" and help your teen get on the path to a debt-free degree. (Link in the sidebar.)

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