Pay off student loans or hope for forgiveness
Have over $140k in loans with 2.9%-9.2% in interest, accruing ~$800 in additional unpaid interest each month (thanks grad plus loans and PT school).
With the high loan and high interest amount and making less than 85k per year on an IBR — teetering between if I switch to the RAP plan so the interest can’t accrue or staying on IBR for a low payment to put money into 401k/Roth, other investments, and HYSA.
or just switching gears to aggressively pay off? Single adult in 1BR apt with currently no roommates —though could move back in with parents (mostly) rent free.
Parents don’t want to influence my decision so not getting much help in advice there —any words of advice?
u/Adventurous-Fee8891 — 1 day ago