Best way for a student with loans to start investing?
I am a sophomore at a Ohio State University. I am receiving financial aid, but I still have to take out about 8,000/year in loans to pay for school. What is the best way for me to start investing for my future while I am still in college? I don’t make much from my part-time job, and my parents never started a college fund for me, so I don’t have a ton of money to invest; I am looking for a comprehensive plan for the next 3-5 years of my life to get off on the right foot, with respect to investing.
Thanks for any help!
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If you are taking out $8,000 a year in loans to pay for school, you might want to consider using the extra money to reduce the amount you are borrowing rather than investing.