General financials:
I can afford to pay them off in full and have plenty left over for general life needs
The interest rates on them should be 4.53% according to their chart of when it was awarded.
If I do hold onto the money and pay off monthly I can put everything into a CD but I’ll still be losing .03% if I lock in the student loan money maybe I’ll beat but .07-.43% so not a ton of upside unless there’s sudden political will to actually follow through on student loan forgiveness.
Is there anything else I’m missing when considering this? I am leaning towards just pay off as I’ve been planning for this, but I want to make sure there isn’t something else to do.
I guess you must know more about law than Biden did 2 years ago when he publically talked about probably not having the authority: https://www.politico.com/news/2021/02/17/student-loan-forgiveness-biden-469677
It’s nowhere near that straightforward. And for a third time, if it was the intent of Congress, now would be the time for them to clarify that with direct legislation. But they are not.