<prompt> Human: My wife just finished school 5 months ago, and has 15k in debt. We have enough money to pay it all off in one lump sum, and avoid the interest since we still are in the grace period. We would still have 16k left over for emergency fund, and so Im torn what to do. Thinking that paying all off would be best option, but are there any downsides to it?  <response>: Pay it off tomorrow and dont look back. 