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How to Pay Off Student Loans Fast

Although the situation here isn’t s dire as it is in the United States, the average university student in Canada is thousands of dollars in debt upon graduation: $23,550 on average for those with government student loans and $14,729 for those with loans from financial institutions, according to the Canadian University Survey Consortium’s 2015 Graduating University Student Survey report.

Naturally, starting your working life with this kind of financial burden means it will take longer before you can afford to invest in things like a home, so the sooner you pay off your student debt, the better. Here are some tips from the experts on how to pay off student loans fast.

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