Otherwise, when you start repaying, pay more than the minimum each month. The earlier you pay the loan off, the less total interest you will pay (just like a credit card or mortgage).

And keep in mind, federal student loans are some of the cheapest money out there- and well worth the investment if you make use of your education.

assuming they are subsidized loans

1- start paying before they are due since no interest will be accumulating, all your money will be going to the principal. Even if it is just a little bit, it will add up over time.

2- consolidate at a lower rate, but you can only do this once

3- do not accept their 20 or 10 year terms if you can afford a little higher payment per month. they really make there money if you take a long time to pay. I originally had a 10 yr Stafford for 60,000 total at 8%. I consolidated for less than 5% but they gave me a 20 yr term. the payments were very low, but the total I would have ended up paying was outrageous. I had them convert it to a 5 yr term and I saved many thousands in the long run.

If the loans are unsubsidized, you are stuck with interest unless you can consolidate

it was to me very well consulting here. Good luck!

http://all-student-loan-consolidation.blogspot.com/