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Tag Archives: Payoff Student Loans

A Student Loan Repayment Trick That Can Save You Money

What Will Debt Repayment Cost You in Retirement?

It’s common knowledge you can save money by paying off loans and other debts quickly or ahead of schedule. You can also save money by making monthly payments as planned, if you put in a little extra effort and do the math. The trick? You can change your repayment period to an extended plan (for example, a 25-year instead of ... Read More »

    Should I Payoff My Student Loans? – Sarah

    Sagging Economy

    “Dear Steve, I have about $19,000 in government-backed student loans at 2.25%. When I graduated, I was advised to NOT pay off the full debt right away and “take advantage” of the low interest rate. So, I have been paying slightly more than the minimum each month ($100) and have only knocked the principal down about $1000 since graduating in ... Read More »

      I’ve Been Out of College for 11 Years. How Do I Pay These Student Loans Off? – Martha

      Ready to Collapse

      “Dear Steve, I’ve been out of college for about 11 years now. I’ve attended 2 colleges and had to take out Student Loans from both college. My combine student loans are between $24,000-$25,000. I’m no longer working full time hours. I need someone to help me get out of the student loan debt. I will like to see them being ... Read More »

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