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I have $103k in loans. I had someone tell me to just pay the minimum and invest any extra money I have into a money market account to use the interest I build in five years to pay off the debt instead of paying off the student loans as fast as possible. Can someone please help point me in the right direction to whether paying off as fast as possible is better than investing? I know this isn’t a student loans subreddit but the advice in that subreddit wasn’t the best and I saw a student loans question post in here not too long ago. I chose the big law life for the ability to pay off my loans. How did y’all do it?
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- 1 year ago
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