re: Student Loan Debt vs Investments

I’ve kept paying the loans for my wife and I, but we both are above $10k balances. I could see Biden’s $10k forgiveness going through but I don’t see them forgiving everything. To me it’s a free return to pay extra principal with no risk. Would definitely feel differently if we had less though to where it could all be gone.

I had a Sallie Mae loan that didn’t have the interest deferred, but my other loan was. So I combined my payments to pay off the Sallie Mae completely. So now I have just he loan that is in deferment.

This thread gives me a lot to think about as to whether or not just putting that money in a separate brokerage account than my main one would be worth it.

I do prefer to take the gamble as I currently have no major bills other than monthly student loan. Which if it does well over the next 8 months, could go a long way.

I have a small student loan debt remaining, just down to principal now. I’ve done exactly this and stopped making payments and invested it instead. It’s definitely paid off for me, I’ve very easily beaten the 3.5% interest rate

I'm not paying anything until someone decides what is going to become of the student loans. Forgiven, reduced, reinstated? I am taking the money and putting it places that return more.