<prompt> Human: I am currently on the graduated 10 year repayment. Right now my 900 payment does not cover interest, so my loans increase a couple hundred bucks every month. Switching to 10 year standard is about 1,500 per month. We have the extra money but are just being cautious. I have 8 different loans ranging from 5k to 36k. Would it be better to put 600 towards one loan until its paid off or spread that out over all of them so I dont continue to accrue interest? My average interest rate is 7.3.Ive read that it is beneficial psychological to start with the lowest amount first so that you can feel the excitement and benefit of paying off a loan. Any thoughts would be helpful. Assistant: Ive read that it is beneficial psychological to start with the lowest amount first so that you can feel the excitement and benefit of paying off a loan.That may or may not be true really depends on the person, but the financially optimal way of paying down debt is to attack the debt with the highest interest rate first.Human: 4 loans are at 7.65 and 4 at 6.55 - the lowest just happens to be at the 7.65 rate.  <response>: its paid off or spread that out over all of them so I dont continue to accrue so your smallest loans are also your highest interest loans. This means you pay those off first. You get the benefit of psychological successes as you pay them off, and also the knowledge that youre doing the mathematically optimal payment plan. 