At the end of the day, choosing whether to

At the end of the day, choosing whether to make interest-only payments in college has a lot to do with each person’s unique situation. While this tactic has the potential to save you a hefty chunk of money, you also shouldn’t stretch your budget or your time too thin while making these payments. However, chances are good that you won’t regret making interest-only payments in college, while a few years down the road you might regret not making those payments. To set up interest-only payments, contact your loan servicer.