<prompt> Human: I recently graduated w my masters and gathered 39,000 in student loan debt. My original payment was 430month. I am currently salaried at 45,000 year in my new job I started in August. Honestly, I am able to make the 430month payment, but I decided to go with their income based option. It dropped my monthly payment to 147month. Thats almost 300 a month that I am putting into savings monthly I had no emergency fund or savings. I reviewed my account history last week and saw this: 01082017- Payment -1.53 Principal -145.50 interest 12052016- Payment -2.58 Principal -144.45 interest Not even 2 of my payment is actually going to my loan. I called Navient a few times and all the representatives talk about how this is standard and it is based on APR. These payments feel highly discouraging. Just wondering if anyone has similar experiencing or if there is anything I can do on my end to make more headway w my payments. Thanks!  <response>: Have you seen this yet? That being said, given that youve been in school with interest accruing; the application could be correct as payments generally go toward payment of interest first, then principal. If you overpay, just take care to be super clear about the application of those payments. 