Pay Tuition or Loans While in School

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aceegreene

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Hi everyone - M2 here. I wanted to get advice on what is the financially better decision here:

I took out loans for full CoA (70ish k after aid) for M1. But my spouse just got a job and will be able to cover living expenses so we won’t be needing loans for that. And it seems that at least for this academic year I have enough in savings to pay tuition. So should I use that money to pay off the M1 loans I took or pay tuition for the coming year, which one would be the more prudent decision financially?

Would love some advice from people here. Thank you!
 
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