Are You Paying Off the Right Debt? Your Mortgage vs Your Student Loans

Perhaps it was the lottery or a final bequest from a long-lost relative. No matter how you suddenly ended up with a pile of extra cash, you may be wondering whether to target the mortgage or student loan balance. After all, student loan debt and a mortgage are the biggest debts carried by the average American, and retiring either would make most people ecstatic. Student Loans and Mortgages: A 'Good' Type of Debt There are some types of debts that are cancerous, … [Read more...]