The only thing more powerful and important than a college education and college degree is the level of debt that many college graduates face when heading into the real world: the average four-year graduate leaves school with $26,600 in student debt. MassMutual is doing its part to relieve one grad’s loan burden, as the company launched a “Down With Debt” Facebook campaign on Monday, which will award one Facebook user $20,000 for debt relief. To enter the contest, all you need to do is like the campaign’s page and write a killer 140-character explanation of how you plan to reduce your debt. It’s a win-win-win all around: Mass Mutual gets great advice, the winner gets a nice check, and we all remember tips to stay debt free: paying with cash rather than credit, avoiding luxury items and proper budgeting. The contest runs through Valentine’s Day, so get working on an awesome tip, and good luck!
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.