Pay off student loans faster

National student loan debt has hit $1.26 trillion and impacts about 44.2 million Americans. If you’re part of that statistic, chip away at student loan debt faster:

1. Automate your monthly payments if your lender offers discounts or interest rate deductions for doing so.

2. Leverage today’s interest rates by refinancing your loan at a lower rate.

3. Make biweekly payments to reduce your outstanding principal amount faster.

4. Pretend you didn’t get that raise and apply the additional income to your loan.