<prompt> Human: I potentially have more than enough money in student loans being kicked to me because my school costs are covered already. I have about 2000 in credit card debt. Should I accept the student loan and use that money to pay off the credit card debt with the much higher interest rate?  <response>: It might make sense, but be aware that youre trading debt thats bankruptable for debt that isnt.While 2K isnt obviously worth bankrupting over, its worth considering that by doing this youre giving up significant consumer protections. That said, Id probably do it in your case. My answer would be different if we were talking 40K. 