I have around 12k in student loans. I have 12k sitting ready to pay it off in one payment that I put aside so I can graduate debt free.
I graduate in may…should i just do it now instead of waiting?
any extra fees for doing so? any other things I should be mindful of?
Posted by ItzGello
2 Comments
I would pay off any loans that accrue Interest while in school now and then wait on the rest that don’t start accruing interest until a few months after graduation so you have a cushion of you don’t get a job right away
Is it the only savings you have?Will you need money to get a job out of school? Commuter expenses (including car or parking costs)? Business wardrobe? Moving or apartment expenses? If it’s your only savings you might consider waiting until you land a job, see what is needed before you pay off the loans.