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Just saw that my student loan interest rates are all LOWER than the interest rate on my savings account. Should I just make minimum payments on the student loan instead of paying it off
Just saw that my student loan interest rates are all LOWER than the interest rate on my savings account. Should I just make minimum payments on the student loan instead of paying it off I'm able to pay off all of my student loans now, ~20k. However, I'm wondering if it makes sense to do so when my savings account's interest rate is almost a full percentage point higher on average. Is there a reason for me to pay off the full loan now or should I just keep the money in savings?
submitted by /u/Jacobie23
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