I have a student loan with a balance of $95,000 that has an interest rate of 2.4% over 20 years. I save at least 18% of each paycheck for retirement and only pay the minimum on my student loan balance. If I have money left over at the end of a pay period should I invest it or pay more on my student loan? Here are five questions to ask yourself before deciding to pay down your student debt early. This Student Loan Hero calculator allows you to see how much money you'll save over the long term by paying your student debt off faster.

Source: CNN February 22, 2018 15:11 UTC