LogFAQs > #949924096

harley2280 posted...

So it's taxes you don't understand then?

You pay the interest every month on your student loans along with your payment, and currently student loans aren't accuring interest. He's not getting any taxes reduced by paying off his loans. In fact there's a solid chance his credit score is going to decrease from paying them off. On top of the extra taxes he'll pay for only holding the stocks for short term.

I imagine a lot of student loans have a large accrued interest already that doesn't get knocked out with each monthly payment. The freeze on interest actively accruing didn't eliminate already accrued interest.