
Navigating the complexities of student loan repayment can feel overwhelming. The sheer volume of debt, coupled with varying interest rates and repayment options, often leaves borrowers unsure of the best approach. This guide explores the crucial question of whether prioritizing high-interest loans is the most financially sound strategy, weighing the merits against alternative methods and considering individual circumstances. Understanding the nuances of different loan types, such as federal versus private loans and subsidized versus unsubsidized loans, is the first step. This understanding informs the choice between repayment strategies like the debt avalanche method (tackling the highest interest first) and the Read More …