Investigate Loan Forgiveness Programs

Your college career may have come to an end, but now your real work will begin.

I don't mean your job in your chosen career field, I mean repaying your student loans. Sixty days from college completion you have to start repayment.

The average student earning a bachelors degree owes $20,000 in student loans. Vocational students owe $10,000. Students in professional programs requiring a masters degree or higher owe an average of $100,000. This all comes at a time when you are beginning to be thinking of developing a relationship and settling down.

Be smart. Investigate the loan forgiveness programs that will reduce part or all of your student loans if you choose to work in areas that are underserved.

Teachers who are willing to work in a low income public school, or teach math and science classes in areas where there are not enough teachers, or with disabled children can greatly reduce or eliminate student loans.

Nurses willing to work in inner city hospitals or low income neighborhood clinics can eliminate their debt.

Lawyers and doctors who agree to work a certain number of years with disadvantaged people can also wipe out their debt while they are gaining professional experience.