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mrblue · 07-18-2004, 05:42 PM

I have about $14k in student loans. I'm about to graduate Grad school. I didn't pay anything during grad school since the loan is mostly subsidized (no interest while I'm still in school!). Anyway, I'm about to graduate in a month and I have the cash to pay off the entire loan at once.

I'd have enough money left over and a job lined up after I graduate, so I should have a decent cash reserve. I don't see any major purchases in the next year or so. May want to get a house, but that won't be for at least a year or two. Does it make sense to go ahead and pay off the loan all at once?

07-18-2004, 05:42 PM	#1 (permalink)
mrblue Upright	Pay off Student Loans? I have about $14k in student loans. I'm about to graduate Grad school. I didn't pay anything during grad school since the loan is mostly subsidized (no interest while I'm still in school!). Anyway, I'm about to graduate in a month and I have the cash to pay off the entire loan at once. I'd have enough money left over and a job lined up after I graduate, so I should have a decent cash reserve. I don't see any major purchases in the next year or so. May want to get a house, but that won't be for at least a year or two. Does it make sense to go ahead and pay off the loan all at once?