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How long did it take you/do you plan to pay off your student loans especially for a $200k MBA? Any tips on accelerating the process?

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Refinance to historically low rates, and invest your money elsewhere for more profitable long-term gains like true businessperson. 🤙

Attorney here, graduated with 180k in loans. Accenture 1 nailed it. Refinance if you haven’t already — make sure to shop around and advocate for a better rate (SoFi is a great place to start.) Then pay the minimum while investing whatever you have left to play with.

FWIW it took me 2 years to go from 130k to 34k in post-MBA debt. Through multiple refinancing, my rate is now less than 1% so I'm paying the remaining 34k as slowly as possible.

Thanks for sharing. Considering my student loan rate is at 6% plus right now, it’s still a good deal. My credit score is above 800, so should be able to get a good rate.

Had the money to pay them all off last year (6 years post) but bought a house instead (had undergrad debt and spouse also has post-grad degree where we were down to about a third of our full education costs - probably close to $450k for both of us). Never refinanced so the last 18 months has been great. Planning to pay off around a quarter of what’s left in May when payments resume and should have the rest gone within a year. My strategy was to put everything on the extended plan (not graduated, just lower my minimum payments on each loan by extending the term to 20 or 25 years) and then avalanche based on the highest monthly payment. For me, this also tracked with where my highest interest rates have been so didn’t really cost anything to do it that way.

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