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Should I try pay as much as possible of my $80K (7.62% interest) student loan or
This is a discussion on Should I try pay as much as possible of my $80K (7.62% interest) student loan or within the Credit forums, part of the Main Category category; contribute to unmatched 401k? Meaning, should I try pay as much as possible per month to pay off my student ...
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06-10-2008, 09:55 PM
| #1 |
| Junior Member Join Date: Jun 2008
Posts: 1
| contribute to unmatched 401k? Meaning, should I try pay as much as possible per month to pay off my student loans, or should I try to put the maximum in my 401K (which is not matched at all by my employer)? |
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06-10-2008, 09:58 PM
| #2 |
| Junior Member Join Date: Jun 2008
Posts: 2
|  Put it this way... If I offered you an investment that offered a GUARANTEED 7.62% return, would you take it? or would you take on a lot more risk to get about 1-3% more in the long run? And isn't the peace of mind of being debt-free worth something? |
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