uses a 5% interest rate as the cut-off for student loan debt. You should have an emergency fund and no high-interest debt before starting to invest, he said.
Personal Advisor Services, told Lowry."If you expect your portfolio to earn 6% to 8%, and your student loan debt is at 3%, 4%, or 5%, maybe, you're better off investing your dollars," Vitra said.Whether you invest while paying off student loan debt also depends on the climate in which you're investing, according to Vitra.
Student loans are typically 6% APR. so paying it off would mean a 6% return for the life of the loan. It’s a no brainer!
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