College students are about to graduate, and the bad news is that it means it's time to start paying back those student loans.
News 12's financial correspondent Jordan Goodman joined News 12's Naveen Dhaliwal, and says the average American graduates with about $28,000 in debt.
Goodman says there are some steps to make the debt more manageable, including debt consolidation, refinancing all student loans and the Income Based Repayment Program.
The editor at moneyanswers.com also details the Get On Your Feet Program, which provides up to 24 months of federal student loan debt relief to recent New York state college graduates.