<prompt> Human: ...and owe about 40,000 and 13,000 respectively on our student loans. Interest rates depend on the specific loan but they average around 6.5 last time I checked a few months ago. We are both in our early thirties with one child just over a year and planning on having one or two more hopefully.She also has about 15,000 in debt between her credit card 6000 9 and car loan 9000 5Our emergency fund is basically my credit card limit is 12,000 at 7, currently a balance just less than 1000 and about 3000 in the checking accounts between us. To be totally honest, if something catastrophic happened, either of our parents could help for about 10,000 or 15,000 each. We close at the end of this month. Our next jobs are up in the air at the moment. In fact we are moving in with her parents while our jobs are in limbo. I currently have a 10hr job in Charleston, SC but Im up for a 75,000 to 80,000 per yr job in DC. Sounds weird I know, but I recently quit a job I hated to try and find something I had a passion for instead. This DC job would be perfect for me and in line with my qualifications. If I get it, we will probably rent somewhere close, and then look to move to a better public school district when our oldest approaches school age about 2 more years until pre-K, 3 more years until K. If I get this DC job, my spouse will have a job paying around 22,000. If I dont get it, shell keep her current job around 43,000 in Charleston.My question is, what should we do with the 75,000? Save it to use as a down payment on a house in 2-3 years? Use it to pay of our debts? Some combination of the two, or something esle? We have an idea of what we want to do, but Id love to hear yalls opinion without inserting bias by elaborating on our thoughts. Thank you in advance!!  <response>: I would pay off your debt. You have 2-3 years of saving up on a debt-free life to make a down payment. 