Student Loan Repayment Strategies

Student loan debt has an overwhelming impact on the lives of graduates and parents alike. This workshop will examine ways in which graduates and parents can manage education debt and guide borrowers’ successful transition from college to repayment. Attendees will learn:

• How to identify repayment responsibilities for each loan
• Methods for reducing monthly payments
• Strategies for identifying cash flow that can be used to prepay education debt
• Ways to avoid becoming delinquent and defaulting on education debt, even during times of personal economic hardship
• The best resources for managing and maintaining a repayment strategy

Presenter: Michelle Clifton, B.A.; College Finance Consultant, Bright Horizons College Advising

Michelle Clifton has spent the majority of her professional career in higher education. She began her career at the Rhode Island School of Design, working with student accounts and student loans. At Babson College, she worked in a variety of roles within Student Financial Services, including financial aid, student loans, and student accounts. She most recently served as Babson’s associate director of financial aid, providing financial aid counseling for undergraduate and graduate students, reviewing and awarding applications, processing appeals, and overseeing all loan processes. Michelle is an active member of the Massachusetts Association of Student Financial Aid Administrators, and volunteers for FAFSA Day Massachusetts, where she guides students in completing their online financial aid applications. She holds a B.S. in management from Northeastern University.