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Should You Accelerate Your Student Loan Payoff If Your Monthly Payments Aren't So Large?


Americans owe a collective $1.78 trillion in student loans, and the average borrower has a payment of $337 a month. But not everyone is equally saddled with student loan debt.

About 50% of Americans pay less than $300 in student loans per month, according to Motley Fool research. And more than 20% of borrowers have a monthly payment of $199 or less.

Image source: Getty Images.

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Source Fool.com


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