<prompt> Human: So, since graduating 2 years ago, I am an attorney I have been saving every bit of my salary except what is absolutely necessary food, clothes, student loan payments, alcohol and now I am in the position of finally being debt free. I have to admit though, I enjoy seeing that balance on my bank account and now that I have that money I am not sure if it is wise to dump all of my liquidity at once. If I pay off my loans, it will eliminate my 800mo payment at 6.5 interest. Note also that I am not obligated to any other debt and my salary going forward will be more than enough to allow me to meet all obligations. What should I do? Dump it and live as a free person without the Sallie Mae headhunters after me, or keep the liquidity and do something else?  <response>: You actually dont have 95k. You have 95k and mother-of-the-FSM 90k debt. So pay it off.During two years of paying 6.5 on 90k instead of slowly paying it off, I think you have already lost about 5k, meaning you could have had 10k net worth instead of the 5k you are at, now.Keep some money in the bank as an emergency fund. I would make that 3 months of regular expenses, and use the remaining money to pay off the debt.My reasoning: the interest rate on your loans is about 0.5 per month. On 90k debt, thats 450 per month in interest alone, or 5400 per year. Or 10.8k for two years. However, in the beginning you didnt have 90k to pay it off, so that high interest in the beginning was unavoidable for you. However, as more and more months passed, you could have paid off part of the loan, perhaps about 45k more per year than you did now. So about half the interest could have been avoided. 