After hearing Erin’s example, what is your reaction? Have you considered the opportunity cost of paying off student loans?

Ramsey classroom

My reaction is that paying off student loans is definitely a significant financial decision that requires careful consideration of opportunity costs. Erin's example highlights the importance of weighing the benefits of paying off debt quickly against potentially missing out on other opportunities, such as investing in a retirement savings plan or saving for a down payment on a house. It's important to carefully analyze all options and factors before making a decision on how to prioritize paying off student loans.