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Do I pay off student loans fast or save for a house?
Started by stewart715 on
, 13 posts
by 9 people.
Answer Snippets (Read the full thread at savingadvice):
We need a lot for student loans): $1,517
Monthly Expenses (Gas, Food, Other): $500
Living Expenses: Free (Living how or where to balance it.....
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I have an emergency fund of 11K.
I owe two portion of student loans
8K and 5.5K both at 6.8%.
I'm thinking about paying off either the 5.5K one or the 8K one. Should I keep my emergency fund the way it is or pay off one of the loans?
Started by growingdollars on
, 17 posts
by 4 people.
Answer Snippets (Read the full thread at fatwallet):
BEEFjerKAY said....
If you are paying $2k per month towards your $13.5k in student loans, you will have the non-student loans first -- since student loan interest is deductible for most people.
loan interest.
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It must be nice! apparently, you could get loans from the department of health and human service from 74-98, defaulted, and the state here can't revoke their license. it was on the local news. it's amazing, one associate professor at the denistry school...
Started by Cutehumor on
, 15 posts
by 10 people.
Answer Snippets (Read the full thread at bobistheoilguy):
Without me as a second salary, its simply, private school (non public... .
That's $700 per month left to live on.
After medical school, you start paying back the loan 6 on student loans.
$500 per month on her undergraduate loans.
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Ask your Facebook Friends
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Read Martin's "Student loans will be interest free for many 2012 starters" Blog.
Please click 'post reply' to discuss below.
Started by MSE Helen on
, 19 posts
by 11 people.
Answer Snippets (Read the full thread at moneysavingexpert):
I keep meeting parents who misunderstand the way the interest on student loans work and interest (traditional....
I have was simple.
And the appalling incompetence of the Student Loans Company (which deserves your investigation).
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Hi,
I would appreciate any help on my question. My brother was seriously ill for some time last year and during that time missed payments off his student loan even though as he wasn't earning he shouldnt have been paying anything. Depsite explanatory ...
Started by MadamePompodour on
, 19 posts
by 13 people.
Answer Snippets (Read the full thread at consumeractiongroup):
I looked....
Despite writing to Student Loans Co many times and explaining.
It is Student Loans Company under a trading name (SLC & SLC, see?)
(2) Certainly in the mortgage -style loan! I have received a letter from SLC.
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Today's Cleveland Plain Dealer had an article entitled, "Burden of Loans Leaves Many Young Borrowers Falling Behind" on the front page. The article high-lighted a newly wed couple who both have student loans. The woman has $66,000 in student loan debt...
Started by linnylu on
, 15 posts
by 9 people.
Answer Snippets (Read the full thread at collegeconfidential):
I am not anti-student loan, however, I don't think it is wise to take out large private student loans for undergrad, ever servants, you must make 10....
Of their finances to see if they could pay off those loans sooner.
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Pay off student loans or SAVE elsewhere? Hi everybody,
This is my first post on this forum.
I'm a 24 year-old first-year teacher. I am currently making about $35000 per year and have about $17000 in student loans to pay off.
I'm in a very good situation...
Started by Mr Teacher on
, 14 posts
by 13 people.
Answer Snippets (Read the full thread at kiplinger):
My advise to you is to just....
Www.crown.org/tools/default.asp
You should be able to make extra payments to your student loans To Ask Before You Consolidate Your Student Loans
http://moneycentrix.com/articles/business bonus.
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DH and I owe 30k in student loans. We are early 30s with one child. We have 30k in retirement. We have 15k in savings. We were reading about Dave Ramsey's baby steps and what we learned is that we should dump all but 1k of our savings on the loans and...
Started by cndmexbaby on
, 11 posts
by 5 people.
Answer Snippets (Read the full thread at thenest):
Koosh ....
You will still owe 16K on the loans that has been paid off.
What are your rates for the student loans? Are you able to deduct the interest? I would not follow that particular bit of advice if your loan rates are low.
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Outstanding student loans? You're fired. All the more reason for anyone considering borrowing for college expenses to think long and hard. Federal student loans cannot be discharged in bankruptcy. They never go away, and if you can't pay, the only way...
Started by Philter on
, 20 posts
by 10 people.
Answer Snippets (Read the full thread at harmony-central):
What kind of idiocracy is this? If you don't have a job then you cant pay your student loans a job then you cant pay your student loans, but you cant get a job if you haven't paid your loans mess with him and you mess....
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So my parents have 60,000 in a college fund, i think its the 529 fund. My dad told me that he can either invest the money, or keep it there at a 2% interest rate...
He thinks that its a better idea for me to take out student loans, and then pay off the...
Started by hobo on
, 35 posts
by 14 people.
Answer Snippets (Read the full thread at skimonline):
The current interest rate for student loans is 3.4%, but if the loan is dispersed....
I have no idea what student loan means you do.
My student loan interest rate is 1.25%.
I graduated in 02.
The loans.
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