The average student loan debt for an individual graduating from a 4-year New York State institution in 2015 was $30,104, according to a state-by-state study by the Institute for College Access & Success. This number increased 4% from 2014 and is expected to continue to rise in future years, according to industry experts. In an economic environment where it is nearly impossible to attain a high-paying job without a college degree, student loan debt is increasingly affecting the country’s financial health. There is some good news, however.  The availability of refinancing tools for students to manage and minimize their debt after graduation is on the rise. Refinancing student loans is very similar to refinancing a mortgage. Banks will start by looking at your credit score, annual income, savings, and college degree type to determine if you are eligible for refinancing and possible loan consolidation opportunities. Refinancing is possible for both private...