Your aim with
spending the student loan refund should be to cover education related expenses that haven't already been paid.
In fact, according to Forbes, «The universal regret most college graduates with federal student loan debt have is how
they spent their student loan refund checks.»
Not exact matches
While many people are planning how to
spend their tax
refunds, for some unlucky
student loan borrowers, their
refunds may never come.
Also, think about
spending tax
refunds and other extra funds on bulk
student loan payments.
Obviously, a
student loan refund can provide a
student with a significant amount of
spending money.
While
student loan refinancing is one helpful way to manage your bills (and combat past unwise
spending decisions) after graduation, knowing how to correctly manage your
refund will help you avoid an unpleasant situation in the future, and is a step in the right direction before your
loans even come due.
a
student loan refund can provide a
student with a significant amount of
spending money.
In these cases, it is advisable to accept your
student loan refund, but be extremely prudent in how you
spend it.
Also, think about
spending tax
refunds and other extra funds on bulk
student loan payments.
If you received a tax
refund, slapping it down on your
student loan is the smarter option than
spending it on a shopping spree.