Updated about 11 years ago on . Most recent reply
College loan debt
With all of the college loan debt I have, would it be smart to start investing now in real estate or should I wait until I have my loans paid off? I have a large amount of college loans but I have a manageable monthly payment at the time. This is honestly the only reason that I have not invested up to this point in my life.
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What is going to make your money work the hardest for you? You'll essentially be "earning" whatever interest rate your college debt is at by paying it down, as opposed to earning what I suspect would be a much higher rate by investing.
Besides, you'll be getting a valuable jump on the learning curve by starting now.