<prompt> Human: Hi PF! Ive historically been extremely bad with money and saving. At 24 I had about 500 in the bank, 32,000 in student loans, and about 10,000 in credit card debt and was making 30,000 per year, spending 1150 on rent 56 of my take home pay. It was really not sustainable and I was going into deeper debt as I couldnt keep up with payments, insurance, tuition, and a lifestyle that exceeded my income. A friend recommended Mr Money Mustache and related blogs and after reading them for a while eventually something clicked.Fast forward today I am 28. I have a new job paying 56,000, Im still only paying 1150 on rent, I have a 15,000 emergency fund, I have eliminated all credit card debt, and sold my car commute by bike so no insurance or maintenance costs.I still have 27,000 in student loans to pay off with a 300 per month minimum payment. Im on track to save 17,000 this year. At the end of the year I could pull the remainder from my emergency fund and pay off my entire loan at the end of the year and be debt free for the first time in my life.However, I see a lot of advice on the forum to just make minimum payments and invest instead. However, Im not sure what the interest threshold would be to consider weighing that as an option as well as the mental freedom of being debt-free.The interest rate on my loan is floating and is prime 2.7. In the last 5 years in Canada the prime rate has fluctuated from 2.7 to 3 so at most the interest on the loan over the next few years is about 5.7. Does it make sense for me to pay this off or should I be taking that money and investing it elsewhere?TL;DR27,000 student loan at 5.7.15,000 in savings.No investments.  <response>: People who tell you to make minimum payments and invest instead are poor. Ignore them.Do not wait to pay them off in a lump sum. You pay avoidable interest that way. Just pay the things off. 