The Best Way to Pay Off $250,000 in Student Loans
Anyone who graduates with a massive pile of student debt has some tough choices to make. Refinance to a seemingly cheaper private loan? Keep your federal student loan and pay it off in the standard way? Take advantage of forbearance to put payments off? A look at three new doctors, each facing $250,000 in debt, highlights some shocking differences between each choice.
As their cases illustrate, oftentimes the best option isn’t the most obvious, and one repayment method could save almost $200,000 over the life of the loan.
Sarah Was Tempted to Go Private, But Then …
In my about private student loans,
