Federal or private loans first? How US students should decide what to repay during SAVE forbearance
Federal student loan payments are on hold, but interest accrues, creating confusion for borrowers with both federal and private loans. A Reddit discussion reveals students are prioritizing private loan repayment due to lack of protections and co-signer risks. Building an emergency fund before aggressive repayment is also advised, balancing risk and financial security.
Federal student loan payments are on hold, but interest accrues, creating confusion for borrowers with both federal and private loans. A Reddit discussion reveals students are prioritizing private loan repayment due to lack of protections and co-signer risks. Building an emergency fund before aggressive repayment is also advised, balancing risk and financial security. What's Your Reaction?
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