We Make Money Easy Episode 14 – Student Loans

Phil and Andre talk about things to consider around Student Loans, and strategies for paying them off.

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Show Notes:
Student Loans are one of the largest debts you’ll incur in life. There are several types of loans, and it’s important to pick the ones that are the most favorable.

Be sure to consider whether the amount you are borrowing is a reasonable amount to pay off given your projected job prospects.

Even though the amounts of money involved with student loans can be staggering, inflation has a way of helping you out.

Student loans cannot be discharged in bankruptcy, but often lenders are happy to work with you to defer or restructure payments. Talk to them BEFORE you are late on payments!

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