Money Talk: Best Loan Repayment Plan? It Depends
Question: I have $105,000 in medical school loans with an interest rate of 2.875 percent. I have another consolidated federal loan at 6 percent. I’m making $180,000 in the private sector and like my job. Should I consolidate everything, try to get a public sector job, and apply for loan forgiveness after 10 years while paying as little as possible? Or should I accelerate my loan payments? I would be able to pay almost the full amount...
