I have a fellow physician friend who refinanced and two others who paid off their loans fast. They weren’t happy with the Covid inflation as everyone else got free cash and prices of even investable assets they wanted to buy went up…money printing picks winners and loser.
Discussion
Until covid it worked for me because my interest rates went down twice. Shoulda refinanced again during lower interest rates.
I refinanced house at 2.875%. Took 6 months. Had to pay to keep loan offer open as interest rates had moved while waiting for home value appraisal
This should make up for my 5% student loan growth when I was too poor for minimum payments to keep debt from growing.