u/Emory2020

Payment strategy? Just graduated.

Hi, My daughter just graduated and has almost 28k in federal loans. She has a job starting next month for $60k and will live at home. I'd like her to pay as much as possible each month ($1k minimum) to get these paid off as fast as she can. Is there any penalty for doing so? I'm embarrassed to admit we are clueless, even though we should have looked into this before taking the loans!

reddit.com
u/Emory2020 — 9 days ago