I saw on other posts that people were arguing about whether to pay on student loans during this time of 0% interest due to Covid. Many people were saying not to worry about them while this forbearance is going on. I was wondering what the logic is behind this, and what benefits there are in having low interest loans like this rather than paying as much toward the premium as fast as I can.
For context, I have about $14,000 in loans, with two groups being 5% interest and the rest being between 1-3%. I have already paid all the interest off from before covid and have been paying towards the principal balance for a few months now.
Submitted May 18, 2021 at 12:26AM by NuclearClock https://ift.tt/3funpX2
