From: joetaxpayer 
Newsgroups: misc.invest.financial-plan
Subject: Re: Student Loan or Savings?
Date: Fri, 6 Jul 2007 16:21:41 -0500
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rronca wrote:

> I am a recent university graduate with a 23K OSAP student loan.  I have
> chosen to move back home in order to save my money or pay off my debt.  I
> have a year and a half before my boyfriend and I move in together (he
> still has another year of school) and I pretty much have no financial
> responsibility other than my loan.
> 
> So my question is:  Should I make high payments and pay off my student
> loan before we move in together or should I be making low payments and
> putting money aside into savings?

You don't mention the rate, but I suspect it's pretty low. You working? 
The company have a 401(k) with matching contributions?

I would fund the 401(k) to capture all matching. Then, if there's more 
money, fund a Roth IRA. Then I would think hard about whether it's worth 
it to you to knock that loan down. I'd want to save first so when I 
moved in with someone else, nothing had to go on a credit card. Not 
unless it got paid in full when the bill comes in. You have the chance 
to get a great start, financially, take advantage of that.

JOE