What You Should Do During Your Student Loan Grace Period

Graduating from college is an exciting time, but massive student loan debt can take away from that excitement.

Recent grads usually get a six month grace period before their payments kick in.

She then collects expert advice on what grads can do during the grace period.

A few highlights:

Take inventory: Make a list of who and how much you owe.

Detail your interest rates, payment schedule and deadlines.

Budget and prioritize: Create a budget that prioritizes your expenses.

Student loan debt should be right up there with rent, experts say.

If possible, you should also start paying as soon as you might.

Any unexpected windfallstax refunds, graduation moneycan go toward your student debt.

The overall point here: the sooner you get started on your debt, the better.

For more detail, check out the full post.