Pay off student loans or DVC in full?

[WinterSolider]

This has probably been stated as I only read pages 1 and 4. But God forbid you tank, it is extremely difficult to discharge student loans.

Except if you tank, you can sell your DVC and pay the student loans.

 

[crisi]

Except if you tank, you can sell your DVC and pay the student loans.

Plus, the student loan interest is probably deductible - there isn't a deduction for DVC interest. There is some probability of student loan forgiveness....there is no possibility that the government is going to step in to free anyone of their DVC loans. AND the DVC loan is at a higher interest rate. Its really a no-brainer, unless you have some non financial reason to pay down the student loan debt (money left for that purpose, anxiety over that specific debt)

 

[3rd_time_the_charm]

Except if you tank, you can sell your DVC and pay the student loans.

Actually you can't pick and choose who you pay off and this may not be the case. You have to explain to the court.

 

[Sandisw]

Since the OP has already responded and decision has been made, we can close the thread.