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Should I Pay Off My Student Loans Early?
If you're carrying student loan debt, you're not alone. As of 2024, Americans owe $1.74 trillion in outstanding student loan debt, with the average American owing around $38,000. When thinking about your own student loan debt, you might be asking yourself whether it's worth it to start aggressively paying it off. Before you start making extra payments, let's weigh the pros and cons of paying off your student loans early.