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Reply to "how amazing did you feel when you finally paid off massive student loans?"
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[quote=Anonymous][quote=Anonymous]Wasn’t THAT big of a deal. Had just over 100k at 2.8%. Made double payments for the most part and paid them off in 12 years. Could have paid them much earlier but I wasn’t willing to put cash into a 2.8% loan when we’ve had a market returning 10%+ for years. I don’t understand the - don’t build a nest egg for 5-10 or more years bc you’re throwing every $ at loans in times where S&P returns > interest rates.[/quote] My student loan interest rates are in a range. But the highest two are 6.8. Each on 30-40k balances. So you can be sure I’m putting off investing for a couple years while I really work on those. Once I’m down to the 3-4% loans, I’ll weigh my options again. -not op [/quote]
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