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Contents

  • Understanding Your Student Loan 📊
    • Benefits of Early Repayment 💰
      • Potential Drawbacks ⚠️
        • Opportunity Cost
          • Loss of Tax Benefits
          • Strategic Considerations 🎯
            • When to Prioritize Early Repayment
              • When to Consider Alternative Strategies
              • Practical Repayment Strategies 📈
                • Federal Loan Benefits to Consider
                • Making Your Decision 🤔
                  • Action Steps

                  Is it beneficial to pay off my student loan early?

                  contributorcontributorcontributor
                  2.2 minute read
                  FinanceEducationPersonal DevelopmentCareer Advice
                  A thoughtful student holding a calculator and a stack of loan documents, contemplating financial decisions against a backdrop of a university campus.
                  Published January 11, 2025
                  Last Updated May 30, 2025
                  contributorcontributorcontributor
                  2.2 minute read

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