Student debt is regarded as “good debt” because it’s for something that can potentially improve your financial wellbeing.
You may, for example, be studying towards a qualification that will get you a good job and decent income, or doing extra courses that will lead to a promotion or a better salary. Still, it’s debt that mounts and must be paid.
If you don’t tackle this debt, it could reflect badly on your credit record and your debt burden will increase. Here are four tips to help you get on top of it.