I don't enjoy payments, but this seems like a situation where the payment might work in my favor. What's the smart way to tackle this?

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AutoModerator t1_jeh1870 wrote on March 31, 2023 at 11:26 PM

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Apply for federal student loans. If you qualify the payments and interest are deferred while you're still in school.

I should have clarified, this is for private K-12 school. Therefore, no loans.

Then look into 529 plans. Pass through your tuition payments and you'll get some savings on state taxes.

What is the cost to spread the payments out?

Is there a discount for paying in full?

No discount for paying in full. No interest for payments.

Then there’s no quantitative reason to pay it early