My Student Loan Mistakes and an Awful Scam Cost Me Thousands. How I Dug Myself Out [CNET News]
Nelnet, Inc. (NNI)
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Source: CNET News
months later, it's time to start repaying any student loans you took out. That shift can be jarring. Especially when you're staring at tens of thousands of dollars in debt. I made a lot of mistakes when I started paying off my student loans . From avoiding monthly payments to getting scammed, my plan to payoff my loans wasn't ideal. Eventually, I was able to clear my $15,000 student loan balance , but it costs me an extra $4,500 from interest and fees from a scam. Here's how I paid it all back -- despite the costly mistakes -- and how you can avoid them, too. The 4 biggest mistakes I made with my student loans I learned the hard way when paying back my student loans. Here's what I did wrong: I didn't prioritize my student loan payments I graduated in 2011, armed with a bachelor's degree in computer science and $15,000 in student loans. Even though it was much less than the average student loan balance most borrowers rack up ($37,797, according to Experian ), it was still
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