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[QUOTE="Stu_Ungar, post: 1140755, member: 39779"]
No!!
 
Pay off the debt now.!
 
This is, theoretically, good advice.  He has an interest free loan and a banker's advise would be to make use of that.
 
However.  He has the money available now.
 
If were to pay the loan off now, it would take only a couple of months to restore his BR, we know this because its only taken a couple of months to build it.
 
The problem with not taking care of the debt now is that noone can predict the future.  What if something that we cannot even begin to predict changes in the next 6 months?  The debt will rise and he will wish that he had paid it of whilst he had the change.
 
This is why I said its a good idea in theory, because in practice, the reality is virtually every ex-student I know has debts higher than they expected, a job that pays less than they were led to believe and a repayment rate that is higher than they thought the signed up to. 
 
Why gamble.. noone here sees themselves as a gambler, but the only certainty here is that he has the money now, why gamble that he will achieve $1000 a month whilst a debt exists?
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