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Career Development Denise Alexander, BS, MA
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It’s no surprise that the majority of college students have taken out student loans. According to the Student Loan Report, 70 percent of 2017 college graduates borrowed to finance their education. For many students, the thought of paying back their loans might be stressful or overwhelming, especially once the reality of making monthly payments sets in after graduation.
The good news is that there are ways to manage the debt – and stress – associated with your loans. Whether you're a new or returning student, staying on top of your student loan payments can make it easier to manage your student debt—even before you graduate.
Here are five things that you should know about your student loans:
Staying informed about your student loan repayment options is the first step towards reducing any debt-related stress. Herzing University’s Alumni Support Center assists students with the management of student loans. Staff members are always available to assist you with contacting your federal student loan servicer, finding the best repayment solution or answering any other federal student loan questions. Contact Alumni Support at 866-508-0748 x 01353 or alumnisupport@herzing.edu.
Dani Madson works in Herzing University’s Alumni Support Center. She graduated from St. Norbert College in De Pere, Wisconsin with a Bachelor of Arts Degree and is an expert in successful management of federal student loans.
BLS pay estimates calculate the median annual wage for various occupations. Per the BLS the median wage for an occupation is: "The wage at which half of the workers in the occupation earned more than that amount, and half earned less. Median wage data are from the BLS Occupational Employment and Wage Statistics survey." Bureau of Labor Statistics (BLS), U.S. Department of Labor, Occupational Outlook Handbook 2024. BLS median wage estimates do not represent entry-level wages and/or salaries. Multiple factors, including prior experience, age, geographic market in which you want to work, and degree level and field, will affect career outcomes, including starting salary and earnings as an experienced employee. Herzing neither represents that its graduates will earn the median salaries calculated by BLS for a particular job nor guarantees that graduation from its program will result in a job, promotion, particular wage or salary, or other career growth.
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