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Paying down Figuratively Speaking If You Are Nevertheless at school Is a Genius Money Move

Paying down Figuratively Speaking If You Are Nevertheless at school Is a Genius Money Move

Your first student loan repayment frequently is not due until 6 months when you finish university. But why wait? Listed below are three straight ways to early make payments and slash 1000s of dollars off your total debt.

Illustration by Lia Kantrowitz

Welcome to the VICE help Guide to lifestyle, our imperfect advice on becoming a grownup.

You might think education loan financial obligation can be as unavoidable as death and fees, but it doesn’t need to be. You can start paying down the interest—and often perhaps the principle—before you even complete school. I undoubtedly didn’t understand that once I was at college, and didn’t make my payment that is first until got my first bill half a year after graduating.