Shelly Palmer Radio Report - January 17, 2013

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!