Today, more than half of all students graduate with a student loan debt of at least several thousand dollars. Many students graduate with tens of thousands of dollars in education loan debts. While paying for a university education is important in order to guarantee a good job, student debts can be a considerable problem. If students are earning only entry-level salaries after graduating, a large debt can be difficult to repay. The consequences of defaulting on student loans can affect student credit history negatively. Luckily, there are good ways to deal with education loans in a way that makes these debts affordable.