Student loans. Debt.

Just want to ask for some opinions here. I don’t mean to brag but I recently finished university and I am wondering, would you recommend paying off your student loan debt asap or delay repaying it for as long as possible? This year's inflation rate was much lower than usual and I am predicting next years will also be low because of the pandemic. My dilemma is, I wonder if there are other things I could put my money to better use to. Thoughts?

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room101 · 51-55, M

Where in this big wide world of ours are you?

As @SW-User has stated, if you are in the UK, you are not required to pay back your student loan until you have achieved a certain salary level. Furthermore, the interest rates on student loans are regulated and relatively low.

Regardless of all of this, however, if you are in a financial position to pay it off, do so. Minimising indebtedness is always a good strategy for financial security.

meetingmeinthepouringrain · 26-30, F

@room101 good point. Thank you 🙏😅