I am a current senior at Arizona State University who will be graduating by the end of the upcoming summer. While there are many things to look forward to and be excited for, the weight of student loans after graduation takes a toll. The majority of students come out of their university with some kind of college loans to pay back. The bright side about student loans is that they are generally low interest and can be paid back in small monthly increments that start six months after graduation.

Debt is usually not a good thing but when it comes to educational debt, lenders do not look down on it. For those student who will soon be enrolled in college or have just started their journey, the best advice I can give you is not to live outside of your means while in school just because you are receiving large college loans to pay for the experience. Always remember that the money you are receiving is going to have to be paid back even if it is 4+ years away.