About 70 percent of students take out loans to fund their college education. The average class of 2016 graduate has $37,172 in student loan debt—that’s up 6 percent from last year. For millennial clients and cosigners alike, student loan debt is at the forefront of their minds. Luckily, there are planning solutions to help reduce the student loan debt for your clients.
Let’s take a look at the basics to help you talk to your clients about student loan debt.