<prompt> Human: I just started a job and to start, I will have about 500 to pay back my loans. I want to get everything paid off in 5 years. I am a cheapskate with everything else so this is very plausible.I have about 35k in total, in six different loan transactions. The two highest are Sallie Mae and any of their interest rates are easily double any of the other four.I want to put a bulk of that 500 into one loan and pay the minimum on the rest until that one loan is paid off, and repeat the process. I was thinking on paying off the lowest of the two Sallie Mae and then the highest. These two would take the longest to pay off, but their interest rate is also really high so I want to pay it off ASAP.After they are done, I can repeat the process for the four, lower interest loans.What say you, Reddit? Am I on the right track to paying these off with paying minimum interest?  <response>: Use to find out what is best for the course of action.Paying off the first may make you feel better, but you also want to make sure youre not paying interest you dont have to. Without knowing the exact rates and the differences, its hard to advice. Usually its recommended to go with highest interest rate first, then the next and so on. 