Keep the Student Loan?
Dave tells Adam to get rid of the student loan quickly; don't think it's good to invest because of a low interest rate.
QUESTION: Adam is about to graduate and has a low-rate student loan. Should he pay it off quickly or invest the money that he saves with the low interest rate? Dave presents the situation in reverse.
ANSWER: Would you borrow on student loans to invest in the market? It’s the same thing in reverse. Go ahead and get out of debt. The borrower is slave to the lender, and not having Sallie Mae not hanging around your neck like a dead fish is a great feeling. If you learn that lesson now, you’ll earn and make so much money over your life.