Let's face it folks: no matter who you are, it's easy to see that the student loan situation is simply out of control. (Well, unless you're Sallie Mae or Navient). Those goons aside, most any sensible person sees the nearly $1.6 trillion in student loan debt as something that needs a solution right now. Part … Continue reading Student Loans Are the Only Way to Pay For College?
The short answer to this question is no. The longer answer is still no as a general rule, but it may be a consideration in some very limited circumstances. Here's the rationale behind not cashing out the 401k. Sure, it may be tempting to take that big chunk of that savings and throw all at … Continue reading Should I Cash Out My 401k Early to Pay Off Debt?