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Seawoman
Sep 20, 2012, 04:20 PM
I recently graduated from grad school and have loans totally 60000. Can I use my 401 k from my previous job to pay down my loans? I graduated in 2012 and started working shortly after.

smoothy
Sep 20, 2012, 05:35 PM
The penalties will be steep. Far higher than the interest rate on the student loans. Meaning taxes and early withdrawal penalties.