twocents.lifehacker.com

Should You Pay Student Loans or Save for Retirement While Interest Is Frozen?

In a previous Lifehacker post, we suggested that you might want to wait before paying off anything less than $50,000 on your student loans, even if there’s a very small chance that amount of debt will actually be forgiven. Instead—since we’re still in pandemic—we pointed to financial advice that suggests setting payments aside for an emergency fund that covers at least six months of your expenses.