u/Extreme-Reveal-8032

Repay private or Parent Plus faster

I have 100 of student loans with an accounting degree with 110k total comp 3 years into my career. Below is a summary of my loans, I am wanting to see some opinions on which order to pay them off fastest in. Right now, I really want to get the parent plus loans gone first because they are in my parents name and in graduated repayment plan.

50k private at 6.24%

Plus loans:
20k at 8.05%
20k at 6.28%
4k at 5.3%
6k at 5.3%

Thank you for the feedback

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u/Extreme-Reveal-8032 — 11 days ago

100K student debt with accounting degree

“I’m $100k in student debt after getting an accounting degree. I refinanced $40k into private loans at a 5% interest rate, and I’m also paying off $60k in Parent PLUS loans. I’m three years into my career and currently make $110k a year. How bad of a situation am I in?”

reddit.com
u/Extreme-Reveal-8032 — 13 days ago