There is a lot of discussion at the moment about the possibility of the interest rate on subsidized student loans going back to its normal rate. Well, no doubt having a lower interest rate is better than having a higher interest rate.
But the whole discussion really distracts from the central issue.
The best way to reduce the total interest you pay on student loans is to pay your student loans off as fast as humanly possible. You are willingly paying more than you have to when you decide to drag your student loans out over 5, 10, 15 or more years.
Read here how you can save money by eliminating the interest on your student loans.
_________________________________________________________
Click Here to get my blog posts delivered right to your email inbox. I publish one new post each week.
Privacy Policy: I will NEVER rent or sell your email address and you may remove yourself from this list at any time you choose.