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Lynn O'Shaughnessy, Columnist: College Planning

July 9, 2014

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A disturbing number of Americans have defaulted on their student loans. According to a recent Federal Reserve report, one in three borrowers are 90 days or more late with their payments.

But there are many ways that borrowers can avoid getting in trouble with their student loans. You can help your clients by explaining how they can pay down their debt safely and least expensively.

Here are eight tips to pass along to your clients. 

About the Author

Lynn O'Shaughnessy

Columnist: College Planning

Lynn O’Shaughnessy is a nationally recognized higher-ed speaker, journalist and the author of The College Solution, an Amazon bestseller. She provides college advice at her website, http://www.thecollegesolution.com/.

She also offers an offers an online course -- Savvy College Planning (https://www.savvycollegeplanning.com/) -- that helps financial advisors improve their financial bottom line by explaining how they can add late-stage college planning to their practice.

Click here to get Lynn’s guide, Finding the Most Generous Colleges.