What kind of salary..

[4dmin]

Why not try to pay it off asap if you can afford to within reason? Whats the point of letting it sit around and keep incurring extra interest. Yea you could die tomorrow, and it wouldn't have mattered. Or you could die in 60 years and still be paying for that loan not being able to have a comfortable retirement.

there are a couple of good reasons...

1) you could die and the entire time you passed on enjoying life you had to settle b/c of loans

2) due to the low interest rates on such loans you can pay them off easily in 30 years much like having a 2nd mortgage and these loans will be basically nothing more then a new BMW payment

3) if you put in 8+ years for school you need to be thinking about retirement b/c your getting started working around 30 years of age; anything that can be saved should, putting any extra money towards your 401k, ira, home, etc are way better investments then rushing off to pay off high school loans w/ low interest. even if you make 100+k a year you aren't going to pay off high loans like that in a short period of time; just isn't going to happen.

i would agree that if you have the money such as family member gave it to you, home equity, etc. that would be reason to pay it off. if you make 100k a year you are roughly bringing home $5500(base of 8k a month). it will still take a long time to pay off 100+k in school loans.