This is how long it takes the average American to pay off their student loans

Before you panic, know that there are steps you can take to help reduce your student loan debt.

How Long Are Student Loan Terms

There is a specific selection of student loan terms available for federal student loan borrowers.

Standard Repayment Plan: up to 10 years – Graduated Repayment Plan: up to 10 years – Extended Repayment Plan: up to 25 years

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Federal Student Loan Terms

Some private lenders have terms that are 10 years like their federal counterparts. Other lenders cap terms at 20 or 25 years.

Private Student Loan Terms

Cutting away at your debt when possible may help shorten the length of your repayment.

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Paying More Than the Minimum


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