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The prospect is an exciting one.
Youve put in years of study and are ready for the next chapter in your life.
The problem is now youre carrying thousands of dollars of student loan debt.
Building wealth but starting with negative money can be rather discouraging.
Here aresome suggestions for paying off your student loan and begin building wealth.
This would, in turn, allow you better options in terms of refinancing.
Conversely, with an average 6% rate of return, youd earn $5,817 through investing.
Whether its the right option to invest depends on the interest rate of your loan.
They recommend anything below 6% as a threshold for deciding.
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