Re: Best strategy for dealing with student debt


<reccoso@xxxxxxxxx> wrote in message
news:1124844290.816859.71100@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
> What are the best ways people have either heard of or actually used to
> deal with student debt in excess of $100,000.

Make your payments faithfully until its paid off.
>
> Asumming the student will be making at least $80,000 at graduation,
> what's the best way to deal with it? I'm just interested in any ideas,
> stories, opinions etc

What are your options? What interest rate? How many years?

>
> Is it best to pay it all off asap, or are there certain advantages (tax
> benifits) of having the debt (i know that sounds silly).

We have a few Kanadians in the group who may chime in here:
>
> Also, helpful would be any Canada-specific strategies and those for
> people who will have this kinda of debt and be starting up their own
> private business/clinic about 5 years after graduation.
>
> Thanks a lot...(and please reply to all groups)

Sorry, I don't do that. If you post to SMD you can damn well read your
responses here.

Vaughn
>


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