<prompt> Human: Both my wife and I have student loans 3 total. Two of them are low interest and fairly low amount 2 interest. The last one is fairly large approx 35k principal with an interest rate of 7.5. The high interest loan is a Direct Consolidation loan serviced by Great Lakes. We have no other debts aside from home and cars, which all low interest rates. We will soon be in a situation where we can pay off the high interest student loan without completely losing our buffer savings. Given the high rate, it seems like a no-brainer, but whenever somethings seems like a no-brainer, it makes me want to double check. Our combined income nulls the student loan interest deduction. Is a direct payoff the best option? What are the other options? Thanks!Edit - thanks for all the suggestions. Im going to bite the bullet and pay it off. While it will mean a smaller emergency fund, paying 7.5 on such a long term debt stresses me more. :  <response>: Whats your income? If youre not confident you can rebuild your emergency fund quickly, you might pay MOST of the loan off and leave about that 3 month buffer and just attack the rest of the loan with the remainder of your income each month after expenses. It might take a couple more months to totally pay off the loan, but at least youll have significantly less interest being generated on it. 