How to Manage Your Teen's College Loans and Debt  Is your child
in or applying to college? This year, nearly 1.8 million
graduating college seniors left school with student loan
debts-$22,500 on average. Teen Vogue's Leigh Belz outlines some
important tips to help keep your child in the black:  1.
Generation Debt: The amount of outstanding loans has more than
doubled in the past ten years, growing from $41 billion to $85
billion. Of the loans taken out, 77% are federal and 23% come
from private sources, like banks. Know that private loans can be
riskier, have high or variable interest rates, and may require a
cosigner. Be aware of the terms before taking one out!  2. Do
Your Homework: Many students think they won't qualify for state-
aid but there are several routes to go for assistance.
Investigate subsidized federal aid programs (where the
government pays the loan interest while you're still in school
at least half-time) before taking out unsubsidized federal and
private loans.  Related: Is competition bring