As you know, because I tell you all the time, I get a ton of mail! Today, I reached into my virtual mailbag and pulled out two reader questions, neither of them having an easy answer. But I hope this will make you think of your own situation in light of these questions and my responses.
Dear Mary: I borrowed more money on my student loan than I need to pay for school. Should I use this extra money to pay off an 11.49 percent interest credit card balance? I am currently in graduate school, so I don’t have to start paying my student loan back until December. I believe the interest on it is about 3 percent.
