Are you weighed down by student debt?
Four years ago I lost my job, and decided to go back to school. I recently graduated with a BS in Geography, and ~$36,000 in student loan debt, between 3.4 and 8% interest. I have also recently been hired in a limited duration, 1-2 years, public sector job with strong potential to secure a permanent position, but no guarantees. There are many options for structuring my repayments. My intention is to work in the public sector, but given the recent budget history that may not end up being my final track. My question is, should I structure my payments under the income based programs, assuming I'll be able to write off the balance of my loans in 10 years as a public servant, or should I pay them off as soon as I can to avoid all the extra interest if that plan doesn't work out?