We’re gathering your questions about all things money and finances. Then, each week, we get your questions answered by the people who know best.
Morgan from Chicago asked about student loans.
“What’s the best way to pay them off, especially in this tight employee market environment where it’s harder to secure high paying jobs? For context, I just graduated ... so I’m facing the repayment of these [loans] very soon.”
Ross Mac, financial educator and founder of Chicago-based Maconomics, said having a game plan for tackling your student loan starts with understanding the loans.
“I would actually write down everything so you know how many student loans you have ... their balances, know the loan type and then also know what their interest rates are,” Mac said.
In a tight job market, it’s w