<prompt> Human: I have about 30K in loans, no job at the moment so 0 income and I need to pay them off. After I get a job and make example 50K per year, can I choose to pay the majority of my loan in one year? Or No?  <response>: Unless your loan provider has penalties for early payment they likely dont but doesnt hurt to check, theres no reason not to. You may want to save up for an emergency fund first, though, before you funnel all your money into debt. 