Since it’s now been six months since May college graduates left school, it’s time for them to confront the reality of paying off their student debt. The end of the student loan grace period means that students will start receiving bills from their student loan servicers.
Here’s how to take control of your student debt once your grace period is over — and what you can do before to make it easier.
How do I find out how much I owe in student loans? How do I consolidate my loans? Can I lower my student loan interest rate?
This video featuring Money Magazine reporter Carolyn Bigda answers those questions and more. Watch to find out when to start repaying your student loans, what repayment options you have, and how to set up a student loan repayment schedule.