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Here's Exactly How to Pay Off $10,000 in Student Loans by 2030


An estimated 43.5 million Americans owe a whopping $1.78 trillion in student loan debt today, with the average borrower looking at a balance of $37,338. And the longer you delay paying off your balance, the more interest you'll end up racking up over time. 

Most people opt for the standard repayment plan, so they can knock out student loan debt in 10 years. But it's possible to speed up your payoff timeline if you make a few simple moves. And if you're focused, you can shed at least $10,000 before 2030. 

Image source: Getty Images.

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Source Fool.com


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