POST GRAD The six tricks to pay off your student loan debt faster to save you $1,000s

College students have little to no choice but to continue borrowing money, ultimately accruing more debt.

For the 2021-2022 academic year, tuition and fees increased to $10,740 for in-state students at four-year public colleges, according to College Board.

The data in the report also showed the tuition and fees at four-year private institutions rose to $38,070.

Despite student loans rising, there is some relief.

Some schools are sending aid to their students in the form of no-loan financial aid packages where those who apply will receive funding with no strings attached.

Yet, there are still millions of students feeling the weight of their crushing debt.

There are six ways to save and pay off your student loans just a bit quicker.

This tip may seem obvious, but can be easy to skip. It's important to keep a list of every student loan you've acquired.

1. Have a plan

Budgeting can be beneficial for anyone looking to save, especially students.Many experts say helpful budgeting rules like the 50/30/20 budgeting rule is a sure way to save.

2. Stick to a budget

If you can afford it, this trick can help you save money in the long-term.The faster you pay off your loan's principal, the less interest you will accrue.

3. Pay more than the minimum

Many times, lenders will offer you a better interest rate if you choose to enroll in automatic payments.

4. Set up autopayments

The rule is simple, wait 24 hours before she buys something.But what’s simple in theory, can be difficult to follow.

5. The 24 hour rule

Side hustles are a great way to bring in extra cash and can be anything from Uber driving to completing online surveys.

6. Side hustle