Why The Debt Snowball Is Bad For Student Loans
The debt snowball method is a popular strategy to pay off debt, but it might not be the best strategy for student loans.
Robert Farrington is America’s Millennial Money Expert® and America’s Student Loan Debt Expert™, and the founder of The College Investor, a personal finance site dedicated to helping millennials escape student loan debt to start investing and building wealth for the future. You can learn more about him on the About Page or on his personal site RobertFarrington.com.
He regularly writes about investing, student loan debt, and general personal finance topics geared toward anyone wanting to earn more, get out of debt, and start building wealth for the future.
He has been quoted in major publications, including the New York Times, Wall Street Journal, Washington Post, ABC, NBC, Today, and more. He is also a regular contributor to Forbes.

The debt snowball method is a popular strategy to pay off debt, but it might not be the best strategy for student loans.

Monero is a privacy-focused cryptocurrency and here’s how you can get started investing in XMR.

Should you consider delivering groceries for Shipt? Learn more in our Shipt side hustle review.

Having a child affects your taxes in multiple ways, including new tax credits and deductions that are available.

Want to buy more stock but don’t have enough funds in your brokerage account? You’ll need a margin account. Wondering what is a margin account and how to use it? Check out this article.

Wondering what type of financial expert you should hire for your situation? Learn about all the varying options depending on your needs in this post.

Considering student loans to help you cover the costs of college? Check out this INvestEd student loan review to learn more about these affordable loans.

NEO is a cryptocurrency that is also an ecosystem for various blockchain smart contracts.

Considering student loans to help you cover the costs of college? Check out this Raise private student loan review to learn more about these affordable loans.

Wondering if you have to pay back grants you receive to fund your college expenses? Here’s how you can tell the difference between grants, scholarships, and loans.

Want to be financially stable? Find out what it takes to improve your finances and achieve stability in this article.
The College Investor® provides the latest news and analysis for saving and paying for college, student loan debt, personal finance, banking, and college admissions.