Students tackle increasing college loan debt

AUSTIN (KXAN) — On Friday, the University of Texas System said they were looking at the possibility of raising tuition for the 2017-18 year. Chancellor William McRaven says UT is having a tough time keeping up with the costs as state appropriations are cut. Higher tuition means more money students will have to pay back when they graduate.

So how can you pay that debt off as quickly as possible without giving away your paycheck? Brian Pearson with IHC Financial Group is with us this morning.

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