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

Named one of LinkedIn’s Top 10 Voices in Technology, Shelly Palmer is CEO of The Palmer Group, a strategic advisory, technology solutions and business development practice focused at the nexus of media and marketing with a special emphasis on machine learning and data-driven decision-making. He is Fox 5 New York's on-air tech and digital media expert, writes a weekly column for AdAge, and is a regular commentator on CNBC and CNN. Follow @shellypalmer or visit or subscribe to our daily email

Like it? Tweet it.

"Shelly Palmer Radio Report – January 17, 2013" by @ShellyPalmer

600,000 subscribers and counting...

We write a daily newsletter featuring current events and the top stories in technology, media, marketing and entertainment.