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Reply to "How to get out of debt!"
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[quote=Anonymous][quote=Anonymous]Op is trying to move from LPN to RN, and college is being paid for by her employer. That’s the best situation right now; focus on completing the degree which will open up opportunities for better paid employment. She can focus on debt repayment once school is finished. [/quote] I think that is a bad strategy because she would be raking up significant interest on her CC and other debts. Not sure what would be the salary difference, may be an extra $15/hr but she would add more in interest and unpaid principal for next 2-3 years in school. There is no good situation but a lot of posters noticed that paying off debt first would be ideal in her situation. [/quote]
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