debt

8 ways 20-somethings can deal with debt

Get a job
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Get a job

With unemployment running high nationally, more than half of Americans under age 25 are jobless as of July 2011, reports the U.S. Department of Labor. If you can't find your dream job, take a temp gig, says Jesse Ryan, managing director at Accounting Principals, a staffing service in Jacksonville, Fla.

"A lot of companies, particularly for entry-level roles, are doing temporary and temp-to-hire positions," Ryan says. "It will get your foot in the door."

An internship, even an unpaid one, can lead to a full-time job. A study by the National Association of Colleges and Employers showed that 58 percent of interns were offered full-time positions once their internships were completed.


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Debt Adviser

Don't be seduced by this debt plan

Dear Debt Adviser, I have about $50,000 of debt on credit cards. My credit rating is still high. I am thinking about a debt consolidation loan. Will that adversely affect my credit rating? -- DT Dear DT, The cliche... Read more

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