Get free help preparing your taxes from AARP Foundation Tax-Aide. Find a location


You Could Choose Your Dream Vacation

Contests and

AARP’s Superstar
2015 Contest

Sing for a chance to win $5,000! Enter AARP’s Superstar 2015 Contest!
See official rules.

Driver Safety

Piggy bank on the road - AARP Driver Safety

Take the new AARP Smart Driver Course!

AARP Books

Visit the Money Section

Enjoy titles on retirement, Social Security, and becoming debt-free.

Jobs You Might Like

most popular


Pay Down Your Debt Challenge

Tackling Student Loan Debt

Keep your credit and your children's intact by getting college loans under control

Phase 1: Look to Consolidate Loans So They're More Manageable
"Government consolidation loans allow you to bundle all of your federal student loans into one monthly payment, often providing you with a lower interest rate than the average weighted rate of your existing loans," says Ryan. "As an added perk, consolidation may even lower your monthly loan payments."

Tip: For those with federal student loans, find out about your loan consolidation options by calling the Direct Loan Origination Center's Consolidation Department at 800-557-7392. Also, here are some frequently asked questions and answers about student loan consolidation.

Phase 2: Help Your Child Learn Personal Responsibility
Ryan and other experts agree that it's the student — not the parent — who needs to pay off loans that were taken for their education.
"If they are not employed full time, encourage them to consider temporary work to not only build on their résumés and augment their skills, but also to earn a paycheck," Ryan says of adult children.

Tip: If your son or daughter is still engaged in a lengthy or expensive program of study, such as law school or medical school, have him or her explore alternative methods of financing his or her education, such as scholarships, grants, paid internships and work study programs. is a good website to explore for money to pay for college. 

Next: Look at deferment options. »

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts


Please wait...

progress bar, please wait


Tell Us WhatYou Think

Please leave your comment below.

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

membership benefit financial college aarp

Advice on saving for education from AARP® College Savings Solutions from TIAA-CREF.

AARP Credit card from Chase

Members can get cash back rewards on purchases with the AARP® Credit Card from Chase.

member benefit aarp financial service auto insurance

AARP® Auto Insurance Program from The Hartford offers members no-cost quotes.

Member Benefits

Join or renew today! AARP members receive exclusive member benefits & affect social change.

Being Social



Savings Challenge

Have the gift of thrift? Share your tips. Discuss

Hand holding credit cards

Pay Down Your Debt Challenge

Join our challenge July 18-Aug. 14 and start your debt-free journey. Discuss