We all know that many students that are stepping into college consider and look to student loans for financial support for their academic career ahead. But when it comes to repayment of these student loans, the debt places a lot of pressure and stress on the undergraduate students. According to a study done by Student Loan Hero, “Almost three quarters (73%) of undergraduates with student loans are at least somewhat worried about their ability to repay debt”. (https://studentloanhero.com/).
There are several ways to reduce the pressure about repaying loans for students. Colleges can help students track their budget and help them understand their loans and what the owe. By getting to know how much the students have to pay back can really ease out the stress because everything becomes more organized. Students can try sticking to a budget, consider getting part time job(s) to make a few extra bucks. They can also look into developing a plan to help their financial health. With all due respect, everyone has their own opinions on how students should handle their student loans, but these are just some of my ideas.
Mission Saksham 