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25 November 2009

Would it be a good idea to pay off my daughter's student loan?

My daughter has just graduated and has found a full time job. however she isn't yet earning enough to start repaying her student loan. I've recently inherited enough money to pay off my mortgage and her loan and still have enough to save and finance my younger daughter through university. Would it be as good option to pay off the loan or leave it for a while until she's earning enough to pay it off herself?

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