Ask Paula: Should I Pay Off Student Loans While in School?

Published: Dec. 17, 2018, 6 a.m.

#167: Angelisa is a college senior with $30,000 in student loans. She has a part-time job, from which she\u2019s saved $2,500. Should she keep saving money, or should she get a headstart on paying down her student loans while she\u2019s in school?\n Mackenzie is also a college senior with some student loans. She recently received a settlement from a car accident. Should she invest this money? If so, how?\n Franchesca is 35 and is carrying $212,000 in debt, mostly student loans. Could she reach financial independence, even with a late start?\n Erica wants to make environmentally-friendly investments. How should she approach this?\n Caroline is 42 and has started making after-tax (non-Roth) 401k contributions. Is this a good idea?\n Schaffer is curious about podcasting. How did I get started?\n I answer these six questions on today\u2019s podcast episode, alongside former financial planner Joe Saul-Sehy. Enjoy!\n For more information, visit the show notes at https://affordanything.com/167\xa0\nLearn more about your ad choices. Visit podcastchoices.com/adchoices