These 4 Mistakes Cost Me $4,500 When Paying Off My Student Loans [CNET News]
Nelnet, Inc. (NNI)
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Source: CNET News
The life of a new college graduate can go several different ways. In a perfect world, you'll land a well-paid job in the first few months after graduating and can start building up your savings . However, that isn't the case for all college grads -- and it definitely wasn't the case for me. Roughly 43 million Americans have federal student debt , according to the latest data from the US Department of Education . If you're one of them, you're likely already working to pay off your debt or planning to. It can feel daunting at times and it's easy to make mistakes along the way. I made a lot of mistakes when paying off my student loans . From avoiding payments to getting scammed, there's a lot I learned the hard way. Eventually, I was able to clear my $15,000 student loan balance and the additional $4,500 I accrued in interest and fees from a scam. Here's how I ended up paying thousands of extra dollars on my student loan debt and how I dug myself out. The 4 biggest mistakes I made
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