<prompt> Human: I have 8 student loans totaling 33k. I know its better to pay off the loans with the higher interest rate first. But if I have 4 loans with 6.8 interest with the totals being 1189, 1250, 7000, and 8000, which should I pay off first in order to save the most moneymore effectively. Right now I pay the minimum payment of 215 which is divided among all the loans bc they have minimum payments. But if I have 250 extra dollars per month which loans should I put it too? All 250 to the 1189 loan until its gone? Or divide it up or what? Any help would be appreciated thanks!  <response>: If the interest rate is the same mathematically it makes no difference which you pay off first. 