Should I Pay Off My $23,000 Student Loans or Invest Instead?

Should I Pay Off My $23,000 Student Loans or Invest Instead?

Key Points A Reddit user has $23k in student loans at rates ranging from 2.75% to 5.5% He’s debating between using his extra money to pay off the loans early and using his extra money to invest. As a general rule, it’s usually better to invest than to pay off student loans at affordable rates. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each a…