When to Pay Off Loans (as reported by Matthew Amster-Burton on www.mint.com/blog)

Man people find themselves asking this question at some point early in their careers: Should I take my savings and use it pay off my student loans or should I instead take that money and invest it? And if you ask ten different people, you might hear ten different answers. A common theme is that you can make more by investing the money than you will owe on your loans, so it’s not worth putting off investing to pay your loans. But the flaw with that argument is that you don’t take risk into account. Your investment gains are not guaranteed, but your student loan payments are. For more on the subject, read the full article here.

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