MTI058: Is Paying Down Student Loans a Good Investment?

We are told that paying down student loans — or any debt — offers a “guaranteed” return on investment. Even if that’s true, is speeding up the pay down on low-interest, tax-deductible debt really the best use of your resources?

This episode tackles the issue of the best way to look at debt, and whether or not it makes sense to pay it off immediately. Could you use your debt to leverage your lifestyle? Can cheap debt make sense in your financial plan? We take a look at the numbers involved in paying down student loans and other debt, as well as consider the psychology.

Resources

Today’s Panelists

For a quick bio of each of our show participants, head on over to our panelists page.