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Reply to "How Much Would You Spend on a House?"
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[quote=Anonymous][quote=Anonymous]I love how everyone who claims it is better to invest $40K instead of paying off a $40K student loan starts with the assumption that someone has $40K sitting around. For most of us, it takes time to accumulate such a sum, so it isn't a simple 2% vs 8%. [/quote] I only have a few friends who admit to having student loans. When the topic comes up they love to say how "well you can earn X in the market." However I seriously doubt that any of them actually have that amount of money available to invest. I doubt they invest outside of their retirement accounts. It's just something they say to make themselves feel better about having debt. [/quote]
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