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re: Pay off my student loans early?

Posted on 7/21/14 at 11:12 am to
Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3806 posts
Posted on 7/21/14 at 11:12 am to
Student loan debt is very forgiving and flexible. It's also tax deductible.

I see no reason to dump the savings into them. You can always make a larger payment to pay them off quicker, but I wouldn't dump a savings fund into them. Double your payment and turn 10 years into 4.
Posted by PurpleAndGold86
Member since Jun 2012
11036 posts
Posted on 7/22/14 at 8:45 am to
quote:

It's also tax deductible




The thought that anyone would think this is a viable reason to keep a debt and continue to pay more interest on that debt blows my mind.
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