Student Loan Debt - Freedom From Debt

Pay off huge student loan debt vs save for down payment?

26. September 2009 · Write a comment · Categories: Student Loan Debt · Tags: 100k, Car Payment, Chunk, credit card, Credit Card Debt, Student Debt

C W asked:

I will graduate in December with about $100K in student loans. Would like to buy my first home in the next 2 years. My projected gross income is $85K. Should I save for down payment? Pay a big chunk of student loans? A little of both? I have zero credit card debt and no car payment. Thanks in advance!

Will $100K in student loan debt be a problem in finding a job?

25. September 2009 · Write a comment · Categories: Student Loan Debt · Tags: car loan, Car Loans, credit card, Credit Card Debt, credit score, Finding A Job, Late Payments

dukiduke asked:

I’m going to graduate from college with about $100,000 in student loan debt, and with companies checking prospective employees’ credit before they hire them, how much of an issue is that going to be?
I still have a good credit score (~690-720) and no credit card debt or car loans and never had any late payments.