u/throwaway_student987

Looking for advice. I graduated dental school in 2021 and I have $144k in student loans debt.

I’m on the IBR repayment plan right now. My group loans have varying interest rates ranging from 5% -7.6%.

I am paying the monthly minimum which is around $1000/mo. If I stay on this repayment plan, I would pay off the loans in Feb 2039 and the total amount that I would pay by that time is $216,260. I like this small amount of monthly payment because that allows me to invest the rest of money into the S&P500 and I typically get a yield of 10% or higher on my investments. Should I stay on this repayment plan?

I’m making 200k/yr and I don't have many other bills. I appreciate any advice, thank you in advance!

Looking for advice. I graduated dental school in 2021 and I have $144k in student loans debt.

I’m on the IBR repayment plan right now. My group loans have varying interest rates ranging from 5% -7.6%.

I am paying the monthly minimum which is around $1000/mo. If I stay on this repayment plan, I would pay off the loans in Feb 2039 and the total amount that I would pay by that time is $216,260. I like this small amount of monthly payment because that allows me to invest the rest of money into the S&P500 and I typically get a yield of 10% or higher on my investments. Should I stay on this repayment plan?

I’m making 200k/yr and I don't have many other bills. I appreciate any advice, thank you in advance!