By the time they graduate, about two-thirds of students at four-year colleges and universities have accumulated student loans, according to the Project on Student Debt.
That debt load averages $19,200 a student, and many graduates face the prospect of paying back much more than that.
Once all the partying is over, this year's graduates will start to ask: "What can I do about my student loan debt?"
Well, there is plenty to be done before the debt starts to come due - in about six months for most - but graduates will need to act fast and think through their choices.
