<prompt> Human: I have 3 student loans out. They are all in grace period until mid-February, but two are unsubsidized. The current loans are: 8,968.85 principal 7,500.00 8,922.39 principal 7,379.00 8,500.00 does not accrue interest until grace period endsAll loans have an interest rate of 6.8.I am trying to catch a tax break of 2,500 for paying interest, so my plan until December is pay exactly 2,500 on the two loans that are accruing interest.I have other loans out that I need to repay as well, none of which are accruing interest: 3,320 - from my parents to repay for tuition 8 month repayment plan 2,000 - from a family friend to help me start a Roth IRA 6 month repayment 800 - from a friend, repaying him for a trip we took together 6 month repayment plan 6,052.98 - credit card balance transfer, 0 interest until next August so 10 month payment planI am basically paying all these down to the tune of 2.2kmo, but after my last non-student loan clears next August, I could rapidly pay off my student loans by applying all 2.2k to it; the loans would get repaid by April of 2014. Actually I would pay only 2k down, with a little wiggle at the end to close the debt - the other 200 is going to my savings account, maybe. See below.I am only putting 100mo into savings while I repay my debts; I really want to put more in but I feel like the loans should take priority. Certainly the credit card needs to take priority since its interest-free for 10 months. But after all the loans come off the books, should I be putting more money into that savings or into paying off the student loans as fast as possible?I was told that the student loans could be a good hedge against inflation, so its not necessarily a bad thing that those stay on the books a while. Can someone explain why that is?  <response>: No, student loans are not a hedge against inflation. An inflation hedge would be a hard asset, such as gold, real estate, etc., that in times of inflation tends to at least keep pace or correlate inversely with the dollar.Sometimes, however, the interest rate is cheap enough on student loans, that you would choose to repay them slowly, as over time, inflation effectively will make the balance cheaper to pay off. If inflation is at 5, and assuming your income or other assets climb in value at the inflation rate, yet the student loan is only at 3, then you gain an extra 2 per year by holding other assets and deferring repayment on the 3 loan.Your loans are at 6.8. You should pay them off aggressively, after cleaning up your other miscellaneous loans. 