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Here are a Few Top Tips for Understanding and Paying Back Your Student Loans

With an estimated $1.3 trillion in student loans outstanding, it’s safe to say student loan debt is a reality for millions of Americans. While this figure may sound daunting, experts say that greater financial literacy can help students and graduates better understand their loans and pay them back. “The reality is, people out there are hungry for information. They want to understand the facts when it comes to paying back student loans and the best way to do it,” says the educator turned hip hop artist Dee-1, who celebrated paying off his student loans by writing the song “Sallie Mae Back.”