What to know about debt in college

Your debt education awaits [The Penny Hoarder Daily]( [Debt in college]( [Debt In College]( [It’s going to be OK]( Being on your own for the first time can lead to building up debt in college. In the U.S., 65% of college students hold thousands of dollars in credit card debt and many are among the 40% of Americans with car payments. Many people find relief with debt settlement companies like Freedom Debt Relief or National Debt Relief. But a lot of this can be avoided in the first place if you learn about debt in college. We rounded up [everything you need to know about debt in college]( so you can start your post-grad life on the right foot.   [8 Ways To Escape Debt You’ve Never Heard Of]( If you’re reading this, there’s a 50% chance you have credit card debt — nearly half of U.S. adults do. But there are a handful of [surprising ways to escape it](. You know, so you’re not draining your bank account with unnecessary — and terribly high — interest payments. [Nothing Illegal Here](   [best student credit cards]( [Cards That Let Students Safely Build Credit]( Whether you’re trying to earn rewards, fund your study abroad or just start building credit history, [one of these credit cards]( is likely ideal for you.   [Build Generational Wealth — Starting In School]( Generational wealth. It sounds so fancy and out of reach, but it’s more attainable than you think. Whether that’s cash, stocks or property, it doesn’t need to be in a trust fund to make life better for future generations. Here are a few ways to [start a generational wealth plan]( for your future family. [Stop spending money on these dumb things]( [Why Would You NOT Save for Emergencies?]( If you’re losing sleep over your finances, or are just tired of the check-to-check thrill ride, we’ve got [10 practical strategies]( for building an emergency fund — so that when the time comes, you don’t have to ask yourself why you weren’t prepared.   [11 Strategies to Pay off Student Loans Fast]( For those of us who want to lower our total debt balance and perhaps drop it down to zero, we need some solutions. Here are [some strategies to prioritize paying back your student loan payments]( fast, all you need is a calculator.   [We'll Text You More Money Tips]( Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. [Learn more]( about how we make money and select our advertising partners. We’re letting you know because it’s what Honest Abe would do. After all, he is on our favorite coin. © 2024 The Penny Hoarder. All rights reserved. 490 1st Ave S. Suite 800 | Saint Petersburg, FL 33701 | U.S. [View in browser]( [Mailing preferences]( | [Unsubscribe]( | [Privacy Policy](