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Old 04-13-2007, 03:10 PM
dethgrind dethgrind is offline
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Join Date: May 2004
Location: Los Angeles
Posts: 436
Default Re: Wiser Use of Money: Pay Off Student Loans / Invest

Something to keep in mind is that a lot of your investments will be taxed, so you'll need a higher return on an investment than interest rate on your loan to make the investment the correct choice. At 6.8% you should almost certainly pay off the loan before investing.

I have a student loan at 7.2% that I'm aggressively paying down before I start investing. I'm pretty sure I'm making the right choice.
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