I have TONS of student debt which I am currently working my way through. It's doing my head in, but I'm slowly getting there.
Through work, I have a whole bunch of shares which are now worth just over £800, and the value went up again over the weekend! (woo hoo!) I'm thinking of maybe selling some to clear some of the debt, but then would lose the one investment I currently have (apart from a pension scheme through work). I'm also very much aware that their value can go down as well as up.
Hmm, tough one. Depends on how much of an impact it will have on your debts. How will it affect your monthly payments? If it reduces them by, for example, £10 per month, Id be tempted to just try to find an extra £10 elsewhere, and keep a close eye on the share prices!
Also, did you pay for the shares initially? If they were bonuses, personally, Id be more likely to sell.
That wasnt much help, was it?! Might be worth reposting under "investments"
If I sold them now, it could make a big impact. It was a buy one get one free kind of arrangement (I contribute x amount each month, which gets saved until I have enough and then on a certain day each month, if I ahve enough, I get bought a share/some shares).
Is the student debt all student loans, or have you got other loans/overdraft/credit cards? If it's just student loans I'd say just keep paying it off - commercial rate debt you should probably get rid off as soon as possible, IMHO.
These are separate from bonus shares (I have some of those, but as you said, they're not exercisable for three years). Yes, paying interest at the moment. I'm trying to clear the majority of it from my monthly salary, but it just eats a lot of it up (we're talking nearly half here, as I'm trying to get rid as quickly as possible), so to reduce it somewhat and take the pressure off a bit would be great. I start thinking about this partly because I'm going to clear a major debt around December, and it would be nice to get rid of much, much more of it.