Here are the Pros and Cons of paying off student loan early

Paying off student loans completely should be one of your top priorities if you’re one of the millions of people with educational debt. However, paying off student loans early isn’t always the wisest course of action financially, particularly if you already have high-interest debt from other sources.

Helps you save money for your regular bills.

Less capital to invest

Facilitates mortgage qualification

Early student loan repayment may deplete your emergency reserve.

Strengthens mental health