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College and University Discussion
Reply to "Is $25k college debt bad? - Current College Student"
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[quote=Anonymous][quote=Anonymous]If you can work on weekends at a second job (tutoring, bartending etc) and payoff some of the loans when you are still young, it is even better. Many people go on vacations and spend $5k. Investing in education especially one you have enjoyed for 4 years is worth it.[/quote] Yup! Assuming 10 year and 6.5%, it will be ~$285/month for 10 years. I'd get a 2nd job like PP suggests, live on a budget and focus on paying it off in 5 years or less. It shouldnt' be difficult to do. [/quote]
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