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Episode 3271:
Scott Rieckens breaks down the true cost of student loans and how repayment terms can dramatically impact both your debt load and your path to financial independence. By understanding interest, repayment options, and alternatives like grants or employer assistance, you’ll be better equipped to avoid unnecessary costs and stay focused on your FIRE goals.
Read along with the original article(s) here: https://www.playingwithfire.co/blog/how-to-pay-off-student-loans-fast-fire
Quotes to ponder:
"Student loan debt shouldn't keep you from pursuing your financial independence dreams."
"That $10,000 actually costs you a total of $13,322!"
"Debt of any kind, including student loans, can make your path to FI excruciatingly long."
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Optimal Finance Daily - Financial Independence and Money Advice