I’m 26, make $85,000 a year — but have $120,000 in student loans and no savings. Should I stop contributing to my 401(k) to dig out of debt?

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    I’m 26, make $85,000 a year — but have $120,000 in student loans and no savings. Should I stop contributing to my 401(k) to dig out of debt?

    Im a 26-year-old software engineer with an M.B.A. earning $85,000 a year, and my take home pay is roughly $3,700 a month. I contribute 8% to my 401(k) and get matched once annually by my company for 7%. Currently my 401(k) has $28,000 in it, most of which is …
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