<prompt> Human: Hello,My girlfriend is trying to pay off her student loan debt and I just want to check with the professionals ofReddit before she makes any haste decisions...As of now, she has 28K left to pay off. She refinanced a couple years ago and what she is paying off nowis a home equity loan that is in her parents name. It is good because the interest is about 2.7 but sheis frustrated because most of her monthly payments I think she pays about 120 a month toward it aregoing toward the interest and the principle is not coming down.She makes about 38K a year and saves almost every penny she can, so in the last few years she hasaccumulated 40K in her savings. This is the only loan she has left to pay off.She wants to put half of her savings, 20K, toward her loan and then pay the remaining 8K off slowly asshe rebuilds her savings. It makes me nervous for her to put so much money forward because it tookher so long to save that. I just wanted to check to see if there was a better way...I dont know much about financing at all, but is it possible to invest 30K in an account that pays morethan 2.7 interest so she can continue to pay off the loan slowly but have the peace of mind that she isnot losing any money? If she does pay the 20K at once, is there anything she can do to get credit formaking the payment, instead of her parents getting all the credit because the loan is in their name? Weare trying to save up for a house, so even if she ends up spending the money she saved for it, at least thegood credit would be a small win. Or is paying the lump sum now to eliminate most of the interest andthen rebuilding the best solution?Any ideas would be welcome, as I said I dont know much about this stuff at all, but I just dont want herto lose out by forking over so much of her savings at once.Thank you everyone.  <response>: It makes me nervous for her to put so much money forward because it took her so long to save that.But she didnt really save it, shes 28k in debt. She doesnt have 40k in cash and 28k in debt, she has 12k in cash and 28k of someone elses money. 