(1) The most surprising thing I learned was how much money can be saved by making extra payments towards the principal of the loan. I didn't realize how much of a difference it can make over the life of the loan.(2) This information definitely changes how I see student loan debt. I used to just focus on making the minimum payments, but now I see the long-term benefits of being more aggressive with paying it off.(3) Yes, it will change how I pay off my debt. I plan to start making extra payments towards the principal to save money on interest and pay off the loan faster. I hadn't considered this before, but now I see the value in doing so.
Answers to: Now that you have reviewed the previous information, it is time to discuss and reflect with your colleagues. Remember, you should not be sharing personal financial information here. Rather, it is a time to discuss what you learned in the follo (2024)
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