Hello,
I have $70,000 in direct government student loans. I want to pay them off as quickly as possible to avoid paying more interest than I have to. Should I consolidate and if so, should I chose standard repayment or use an income based repayment plan since that would have me make a higher payment very month and therefore hopefully allow me to save a lot on interest?
Thanks!
I have $70,000 in direct government student loans. I want to pay them off as quickly as possible to avoid paying more interest than I have to. Should I consolidate and if so, should I chose standard repayment or use an income based repayment plan since that would have me make a higher payment very month and therefore hopefully allow me to save a lot on interest?
Thanks!