<prompt> Human: I have a few loans taken out under my parents at a very high rate 7.9 for around 100k. It was one of those situations where they had to take out loans for me with the promise that Id pay them back. I dont plan on tarnishing my relationship with my family and not paying them back since its legally under their name.I have a well paying job 100kyear and around 30k in cash and other assets I like to at least keep 10k around for an emergency fund. I am planning on consolidatingrefinancing under my name for a lower, fixed rate of 3.75-4 my credit rating is 800. Is this a good idea to undertake so much debt under my name? I likely plan on kidshouse in about 5 years and I was going to take out the loan for 7 years.If I do succeed in getting a lower rate should I attempt to aggressively pay off the debt or to continue to put into retirement or other funds? 5-7 returnIm not looking to be scolded for taking on so much debt because of my education. I can kick myself all I want without doing any good. Im in a hole now and would like to try to figure out the best way of climbing out of it while still thinking of my future.Any help is greatly appreciated! Thank you.EDIT I appreciate all of your responses! Your comments have been more than helpful and made me realize theres no reason to have so much cash sitting around. Im likely going to A Refinance the loan at a much lower rate B Throw a large sum of money at the loan C Attempt to pay off the loan at my current salary at a more aggressive 5 years D Continue to match my 401k, other investments can be an afterthought.Again all of this has been causing me a few days of tense shoulders so Im glad that you guys have helped me solidify a plan.  <response>: I was in a similar situation in the summer. I had just over 100k at around 9 with my parents as cosigners. I refinanced through SoFi and got 5.6 without a cosigner. not the best, but my credit score was only 720 at the time I try to put half of my excess money into paying off debt and put the other half into mutual funds. Currently sitting at a shade under 90k. 