Why paying off student loans early could be a mistake

If you choose the Income-Based Repayment Plan, the Income-Contingent Repayment Plan, or either of the Pay As You Earn Repayment Plans, any balance you owe on your federal loans after 25 years will be automatically forgiven. It's safe to say that your credit card provider is not going to just forgive any debt that's still hanging on your cards a few decades from now.

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