My wife and I both have steady full-time jobs that pay pretty well while also having a good amount in student loan debt. We have other debts too, like a mortgage, credit cards and a car loan. We started snowballing our debt after listening to a Dave Ramsey book and we are excited about what we achieved so far.
Well now that I started an MBA program, my student loans have been placed into deferment. And the loans that I had are government loans, so the interest that is being accrued is getting paid for by Uncle Sam.
Now I can't decide whether to place the payment I was making towards student loans into the snowball. I feel that since the snowball method says to pay the minimum on all other debts except the smallest one, we should now move that money over. Technically the minimum on my student loan is $0.
Is that a wise decision considering that I will be finished with my schooling in late 2020?