If you didn't have to pay off any more of your student loans what would you use the money for instead? I'm stuck between something impractical like a trip somewhere or something I need like a new car lol

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DEFENETELY build my own house in a plot of land

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My car is a piece of crap and i live in perpetual fear that one day it just wont start, and i’ll have to uber to court or to a hearing or something un-missable (which will be $200 one way…). The battery also has a habit of crapping out every 2.5 yrs almost on cue- what if they stop making the batteries?! Buy the car. I would… and i will as soon as my loans r paid off.

Buy a house. With a lower debt to income ratio, my interest rate would decrease and credit increase- hopefully paying less per month than I would if I bought a house with student loans.

Buy a house in the Caribbean

Trip. Open your mind, new ideas might be worth a lot more.

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Additional Posts in Student Loans

SOFI or who else?

Not mad that student loans being paused means I can use the money for Christmas. Are you still making payments during the pause? Or are you saving the money for something else. My christmas present to myself is a spa day!

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Has anyone successfully refinanced a non-US student loan (e.g. from Prodigy Finance) in the US? Which company did you use?

How did you navigate refinancing loans? I have both private and federal loans (definitely applying for the relief for the federa). I'm going to have to refinance all of them bit I don't really know where to start. I've been holding off because I'm in a contract to hire situation and upon hire (if hired) I'll probably be offered a lower salary.

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What career can help me pay off 110k loans with 6% APR as quickly as possible? I realized I don't want to work in medicine but only after taking out a loan of course. I just don't want this to be hanging over me for the rest of my life

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How do 10 million dollars look in your account?

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I'm applying for colleges and loans right now. How much is too much? Like what level would you say a manageable loan would be at (50k? 100k?) ideally career wise after college I'll be making 90-120k a year so I'm willing to get a loan but not one that will run me over. How much was your loan and would you recommend less? I'm determining schools partially based on this, thank you.

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If you could go back in time what would you tell yourself before taking out student loans?

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Anyone ever considered declaring bankruptcy to get rid of student loans? I see that even if they are private, you still have to show undue hardship.

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I have a 25K loan from my MBA. I paid off 100k whole, after graduation. 3 years ago, I moved my loan from federal to private ( SOFI) account. I recently lost my job. I have applied for unemployment, as the severance that I received will only cover for 2 months. Together my husband and I used to make less than 250k after tax. Now, with a loss of pay , we are going to make less. Do you think I will be eligible for Loan forgiveness?

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Is it possible to refinance over 150k of student loans

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Curious to know how much your student loans were when you graduated from your program, how much you’ve paid off so far, and your age. If you have any varying factors too, like kids, income range, etc. Just trying to see if I’m on track or slacking in life. I am 34 yo, i graduated with 95k in student loans, i currently have 85k left and i make 85k in come. I’m also a single mom with two kids. Just praying for 100% student loans forgiveness. Wishful thinking???

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Damn LIBOR rate up again...

Are you doing what you thought you would be when you took out your student loans? If so, do you feel like taking out your loans was worth it?

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