As a junior in college, I want to know the best way to invest my money now to pay off student loans in a year?

I have a debt of about 15,000 now, this will increase over the next year to about 25,000-30,000. I need the best way to invest my money so that when I make a payment towards my principal, it will pay it down not accumulate more debt in interest.

In this type of market stocks aren't going to be great in the next 2 or 3 quarters but I would say MO (Altria) would be a decent buy considering they are splitting into a national and international corporation soon and this should help unlock value. Dividends are also very high.

Starbucks is on its way to a turnaround but it might take a bit more than a year to see large gains. Its at around 19 bucks a share right now and although the quarter is going to be bad the billionare founder has come out of retirement for the turnaround and things are looking much brighter. SBUX

Certificates of Deposit which yield the highest interest rates.

as far as the student loans, as long as you pay more than the interest payments per month,, usually they make a suggested payment amount and you pay that,, as far as finding a good investment,, you can invest in the whole market and make average returns historically or you can try and pick specific sectors that are set to do well in 08, most people think pharmaceuticals or mining stocks this year... If you are looking for some good articles to teach newbies about how things work on wall street, you should check out www.thewallstreethunter.com they offer a pretty good market update everyday....

Good luck

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