There is nothing that aggravates me more than my student loan debt. I should have managed my money better when I was an undergraduate. I had a full time, paid internship and really didn’t need to take out loans – but I did.
Today I’m lucky enough to have a great paying job that allows me to make my monthly student loan payments – which are not small. They almost equal my rent payment which also isn’t small since I live in a great condo in downtown Fort Lauderdale a mile from the beach. Despite being able to make my loan payments, I’m always looking for ways to help ease them.
Most of the programs I have come across aren’t really meant to help. They encourage you to enroll in programs that reduce your payment but increase your interest rate – in other words they increase your debt under the guise of helping you. The only thing I’ve really come across that helps is SmarterBucks.
You know all those silly rewards and cash back programs you’re always hearing about? Well there’s now one where the reward is actual cash that is used to make a student loan payment for you.