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re: Student Loans

Posted on 4/22/24 at 8:32 am to
Posted by kc8876
Member since May 2012
2955 posts
Posted on 4/22/24 at 8:32 am to
quote:

My daughter is graduating in May 2024 should I take money from my 401k to pay off her student loans ~ 50k? We have been paying on it but the interest rate on her loan is about 8%. Im no financial guy but my wife and I have worked hard the past 30 years and we don’t won’t to keep paying these monthly loan notes because basically we’re just paying the interest not the principal. Any guidance or recommendations would be greatly appreciated.


Your typical parent in American society these days
Posted by DaBeerz
Member since Sep 2004
16991 posts
Posted on 4/22/24 at 8:37 am to
quote:

Your typical parent in American society these days


Sad, OP should be ashamed for even thinking about this. Hopefully just a troll
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