How to Get Rid of a Student Loans

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How to Reduce Student Loans....5

The only way to get rid of student loans is by paying them off, which is a process that can be eased by consolidating the loans. Get a lower interest rate on student loans with help from a financial aid officer in this free video on student loans.

Part of the Video Series: Student Loans
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Video Transcript

Hi, my name is Brooke Kramer, and I'm a financial aid officer with Argosy University in Salt Lake City, and today we're going to talk about getting rid of student loans, and pretty much the only way to get rid of student loans is to pay off your student loans. So, there are a couple option available to students to help them pay off student loans. The first thing is, while you're in school, your loans are in deferment as long as you are attending at least half time, and progressing towards a degree. Once you graduate, or drop below half time, you usually go into repayment. At that time, you can also choose to consolidate your loans. If you consolidate your loans, that usually means that you can extend the period of time you have to repay your loan, as well as hopefully get a lower interest rate. If you have any other questions regarding how to repay your student loans, you can go to the Department of Education website, where they can help you. If you have any other questions, please feel free to check out our website at


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