STUDENT LOAN DEBT
#CreditHangout
How to Deal with
bit.ly/studentdebtchat
Susannah Snider covers higher education for Kiplinger's
Personal Finance magazine where she writes about college
financing and repaying student loans. You can find her
stories in print and at Kiplinger.com.
Follow her @SusSnider
Susannah Snider
Joe Mihalic wrote a blog at nomoreharvarddebt.com that
chronicled his mission to pay off his burdensome $90k of
student debt in seven months with an after-tax salary of
$74k. He attributes his success to his ability to retrain his
mind to avoid consumption and to find ways to supplement
his salary.
Joe Mihalic
Betsy Mayotte is the director of regulatory compliance for
American Student Assistance, a Boston-based nonprofit
organization with 50+ years’ experience helping people
make better decisions about financing their education and
repaying student loans. She is also a frequent contributor
to saltmoney.org. Follow her @asa_org
Betsy Mayotte
Brandon Endsley
Brandon Endsley graduated from Purdue University in 2011
from the College of Health and Human Sciences with a
Bachelor in Science in Financial Counseling and Planning.
Brandon has worked at the Division of Financial Aid at
Purdue University since May of 2008, and in February 2012
Brandon became a full-time Financial Aid Administrator
overseeing Financial Literacy which houses MyMoney, a
website dedicated to financial literacy awareness.
Follow him @MyMoneyPurdue
Stephanie draws comics about money at The Empowered
Dollar, a personal finance web comic dedicated crushing
debt and creating financial freedom.
When she's not doodling or blogging, she's helping startups
and nonprofits design financial education apps and
programs. Follow her @EmpoweredDollar
Stephanie Halligan
Claire Murdough is a 2010 UC Santa Cruz graduate. She lives
in the Bay Area and writes for ReadyForZero, a company
empowering people to organize their debt repayment in the
most efficient way possible.
In addition to student loan repayment, she has a special
interest in affordable travel and discovering good food on
the cheap. Follow @Claire_Murdough @ReadyForZero
Claire Murdough
John is an Analytics Consultant at Experian. He has 20+
years of experience working in the consumer finance
industry with JP Morgan Chase and Capital One Financial.
Follow @Experian_US
John Derdevanis
Balances of student loan debt are now greater than any
other consumer loan product - with the exception of
residential mortgages.
#CreditChat
Paying half your student loan payment every two weeks
#CreditChat
Betsy Mayotte @asa_org
works out to a full extra payment a year.
Already in college and want to lessen that student debt load?
Keep applying for scholarships and fill out the FAFSA every year.
@EmpoweredDollar
#CreditChat
Hat tip to @BrokeMillennial
BrokeMillennial.com
Q3: Any favorite apps or sites to
help you research a home?
#CreditChat
Wednesdays | 3 p.m. ET
HOW TO PAY COLLEGE DEBT FASTER
You’ll earn a 0.25% point interest rate reduction.
#CreditChat
Susannah Snider @SusSnider
When repaying your federal loans, sign up for automatic payments.
#CreditChat
Don’t be afraid to ask questions,
Brandon Endsley @MyMoneyPurdue
it’s the only way to understand your student loans.
Student loans represent a serious financial contract --
research all your options before committing to a loan program.
@Claire_Murdough
#CreditChat
What are you wasting your money on?
Joe Mihalic, NoMoreHarvardDebt.com
#CreditChat
What can you start today to make more money?
Really important to understand what type of loans you have -
federal/private, interest rate, variable vs. fixed, term-length, etc.
John Derdevanis, Experian
#CreditChat
bit.ly/studentdebtchat
Check out the full video chat and resources:

How to Deal with Student Loan Debt

  • 1.
    STUDENT LOAN DEBT #CreditHangout Howto Deal with bit.ly/studentdebtchat
  • 2.
    Susannah Snider covershigher education for Kiplinger's Personal Finance magazine where she writes about college financing and repaying student loans. You can find her stories in print and at Kiplinger.com. Follow her @SusSnider Susannah Snider
  • 3.
    Joe Mihalic wrotea blog at nomoreharvarddebt.com that chronicled his mission to pay off his burdensome $90k of student debt in seven months with an after-tax salary of $74k. He attributes his success to his ability to retrain his mind to avoid consumption and to find ways to supplement his salary. Joe Mihalic
  • 4.
    Betsy Mayotte isthe director of regulatory compliance for American Student Assistance, a Boston-based nonprofit organization with 50+ years’ experience helping people make better decisions about financing their education and repaying student loans. She is also a frequent contributor to saltmoney.org. Follow her @asa_org Betsy Mayotte
  • 5.
    Brandon Endsley Brandon Endsleygraduated from Purdue University in 2011 from the College of Health and Human Sciences with a Bachelor in Science in Financial Counseling and Planning. Brandon has worked at the Division of Financial Aid at Purdue University since May of 2008, and in February 2012 Brandon became a full-time Financial Aid Administrator overseeing Financial Literacy which houses MyMoney, a website dedicated to financial literacy awareness. Follow him @MyMoneyPurdue
  • 6.
    Stephanie draws comicsabout money at The Empowered Dollar, a personal finance web comic dedicated crushing debt and creating financial freedom. When she's not doodling or blogging, she's helping startups and nonprofits design financial education apps and programs. Follow her @EmpoweredDollar Stephanie Halligan
  • 7.
    Claire Murdough isa 2010 UC Santa Cruz graduate. She lives in the Bay Area and writes for ReadyForZero, a company empowering people to organize their debt repayment in the most efficient way possible. In addition to student loan repayment, she has a special interest in affordable travel and discovering good food on the cheap. Follow @Claire_Murdough @ReadyForZero Claire Murdough
  • 8.
    John is anAnalytics Consultant at Experian. He has 20+ years of experience working in the consumer finance industry with JP Morgan Chase and Capital One Financial. Follow @Experian_US John Derdevanis
  • 9.
    Balances of studentloan debt are now greater than any other consumer loan product - with the exception of residential mortgages. #CreditChat
  • 10.
    Paying half yourstudent loan payment every two weeks #CreditChat Betsy Mayotte @asa_org works out to a full extra payment a year.
  • 11.
    Already in collegeand want to lessen that student debt load? Keep applying for scholarships and fill out the FAFSA every year. @EmpoweredDollar #CreditChat
  • 12.
    Hat tip to@BrokeMillennial BrokeMillennial.com Q3: Any favorite apps or sites to help you research a home? #CreditChat Wednesdays | 3 p.m. ET HOW TO PAY COLLEGE DEBT FASTER You’ll earn a 0.25% point interest rate reduction. #CreditChat Susannah Snider @SusSnider When repaying your federal loans, sign up for automatic payments.
  • 13.
    #CreditChat Don’t be afraidto ask questions, Brandon Endsley @MyMoneyPurdue it’s the only way to understand your student loans.
  • 14.
    Student loans representa serious financial contract -- research all your options before committing to a loan program. @Claire_Murdough #CreditChat
  • 15.
    What are youwasting your money on? Joe Mihalic, NoMoreHarvardDebt.com #CreditChat What can you start today to make more money?
  • 16.
    Really important tounderstand what type of loans you have - federal/private, interest rate, variable vs. fixed, term-length, etc. John Derdevanis, Experian #CreditChat
  • 17.
    bit.ly/studentdebtchat Check out thefull video chat and resources: