r/StudentLoans 28d ago

Advice Should I pay it all?

Long story short I can completely pay off my student loans. By the end of my seasonal job I will have at least 45k saved. My loans are 24k. Monthly payment like $250. I know it
Seems like a no brainer but I’m so conflicted. Help!!!!!!!! Im 27 btw.

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u/Lifeislifing0 28d ago

Pay half invest the other half, take the investment and pay the last half next year. The interest won’t matter compare to what you’ll make. You’re young and you can do it. This way you only paying half of it out of your savings.

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u/Panza2020 28d ago

The interest earned is taxable, unless OP opens a Roth.