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Old 12-12-2005, 03:35 AM
jzpiano14 jzpiano14 is offline
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Join Date: Oct 2004
Location: IL
Posts: 229
Default Re: College Loans and Taxes

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i wouldnt advise you to pay off your loans. youre probably getting them at a ridiculously low interest rate. you could invest your money that you would have used to pay off the loans and your ROI will excede your interest rate. not only that but your loan interest is probably tax deductible.

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yeah this is basically what a lot of my professors have said

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Take this route, works for me, also use turbotax to do taxes, it makes them SOOOOOOO easy
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