Raleigh, N.C. — Area college students received free help Friday on how to deal with student loan debt during an event at Shaw University.
North Carolina Attorney General Josh Stein and Shaw President Tashni-Ann Dubroy discussed topics such as ways to avoid getting loans, how to pay off loans as soon as possible, the salary needed to pay off loans and how to find low-interest loans.
“She was telling me about potentially working for nonprofits or working for entities where you can actually serve the government and give back and actually having your loans forgiven,” said Blaike Bibbs, a junior at North Carolina State University.
But Stein had a warning for students.
“Going to college is a wonderful investment, but it’s one of the biggest investments you’ll ever make, and if you are not smart about it, if you take out too big a loan, you’ll find when you get out of college you are behind the eight ball, and you can’t earn enough to pay off your loan as well as your car loan, your rent, your mortgage, whatever you have,” he said.
Experts said the key is to be conscious of how much debt is racking up.