<prompt> Human: I have around 1.5k-2k of extra income each month that I cant figure out what to do with. I have around 160k in student loans, at close to 7 interest. Would it make more sense to put all of the extra income to pay off the loan, or maxing out my 401k? I know the FAQ says to pay high interest debt first, but is 7 interest high enough to warrant paying off before contributing to the 401k?  <response>: Get the employer match if applicable then pay the loans. 7 is pretty high I wouldnt personally expect to beat 7 every year without having a pretty risky portfolio. Remember that paying off that debt is an automatic 7 return! 