If you have phobias about things, college debt has to be dealt with as much as a fear of heights or spiders.. The deal is, once you grab the problem and have a plan, then, your on your way to correcting the damage. Accordingly, a fifth of those with college debt were behind on their payments in 2017 in accordance with the Federal Reserve. Like any other debt, don’t avoid it. Come face to face, figure what you owe and to whom you owe it and when it will be due. Get control of your bills. All student loans must be known to the student as to how much they owe. Your total monthly bill is the more important number. Further, not the interest rate on your loans. Make a list of loans that includes the company you pay , whether the loan is federal or private, the amount you owe per month, the amount you owe overall and, the interest rate. Rank the loans by interest rate with the highest at the top. Moreover, compare your total monthly payment with your take home wage. Are you earning enough to cover not just the loans, but also the essentials like housing and food. Enough left for retirement or emergencies? If your answer is no, the cutting of your loan bill would be a priority. Take Action, sign up for an income driven repayment plan. For federal loans it limits your loan bill to a percentage of your income, and will free up money for other essentials. You can also call your lender. This will of course depend on if the private lenders policies toward the loans. Go ahead and ask for a lower or interest only payments for a time period. While this may sound like a good idea, you should reserve this for short term action, like a month when you have to make a big payment toward something. If you have a month of expenses or more saved for emergencies and you contribute up to your employer 401K, you might scoop into those loans. Try to pay off the highest interest loans first in order to save the most money. You could also refinance, if your credit score enables this. You might be able to get a lower rate of interest, especially on the higher interest private loans which of course allow you to pay off your loan debt faster. In conclusion, college costs are certainly skyrocketing and one must decide if loan debt is worth the effort.In my opinion, would be college students must find creative ways to attend college. While most young people are materialistic and want to go to NAME colleges, it is important to note that in the end, debt is NEVER your friend. Try to find a good community college. The skeptics who say these colleges are inferior are out to lunch. There are many very good community schools, then, you can attend a state school for much less money. If you live close to the school, you can save on room and board and make the whole effort that much more debt free. My findings have been, employers are not really looking for graduates of so called NAME COLLEGES, but looking for able, intelligent employees. Do the math in your senior or junior year and decide what approach you want to go toward college. the stats show that over 70% of incoming college students not only pick the wrong college, but many times the wrong major. Do your home work and come out with as little debt as possible. As you progress through life, you will be VERY glad you did.