Why would someone choose a 10-year term length on a student loan, rather than a 25-year length?

Question

asked Mar 9, 2023 199k views

1 Answer

Chung · Answer 1 · 2023-03-13T09:26:02+0000

Answer:

See below

Explanation:

To pay the loan off more quickly.

To pay less overall interest.

Often get a lower interest rate for a shorter term loan.