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Any advice on paying off 65K in students loans? |
I graduated in May with about $65K USD in loans: I think you've made good choices so far: minimizing expenses by living with your parents, investing in a 401(k), focusing on the higher-rate loan. work. lots of jobs... 3 or more... time to take the money your saving and start with the lowest loan first... the 15k... start paying lots of extra on that... when it's done, work on the other one. I have accumulated 40K in student loans over the years and after doing some research I went to Nel Net which is a consolidation company. They will group up the payments so you only have 1 payment and they gave me a really great interest rate it was like 3%. (I did this a few years ago) Plus I got another .25% off (down to 2.75% by doing an automatic bill payment through my checking account.) |
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