Why Pay Off Student Loans Early? episode artwork

EPISODE · Oct 21, 2019 · 8 MIN

Why Pay Off Student Loans Early?

from Real Estate Investing the Freedom Mentor Way · host Phil Pustejovsky | Real Estate Investor, Coach & Mentor

If you have student loans and you want to pay them off early, my question to you is ... why? Why pay off student loans early? In most cases, it doesn't make good financial sense to take present day cash to pay off long amortization, low fixed rate loans, whereby the interest is tax deductible (for most people). Instead, it's better to take the money you were going to use to pay the student loan off early and invest it in high return on investment endeavors like real estate investing.Questions or comments? Text FREEDOM to 305-315-8030Register for our next FM LIVE Event! https://www.freedommentor.com/live/ Get your free copy of my best selling book, "How to be a Real Estate Investor": https://www.freedommentor.com/opt/free-book/ Get your free copy of my other best seller, "Real Estate Investing Gone Bad":  https://www.freedommentor.com/gone-bad-book/Every successful real estate investor has a mentor. Get your mentor here: https://www.freedommentor.com/apprentice/

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If you have student loans and you want to pay them off early, my question to you is ... why? Why pay off student loans early? In most cases, it doesn't make good financial sense to take present day cash to pay off long amortization, low fixed rate loans, whereby the interest is tax deductible (for most people). Instead, it's better to take the money you were going to use to pay the student loan off early and invest it in high return on investment endeavors like real estate investing. Question...

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Why Pay Off Student Loans Early?

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