Just how to pay back student education loans early. We are helping two kiddies but No. 3 is on his or her own
Laura Suter, individual finance analyst at A.J. Bell, states: ‘Annoyingly for moms and dads there’s absolutely no effortless response to issue. You will need a crystal ball to see just what job your youngster goes into, simply how much they shall make, and how much their salary will increase. ‘
If you suspect your youngster will likely to be a high-earner then paying down the loan could save yourself them thousands of pounds in interest costs.