<prompt> Human: I dont exactly know what to do. 23 yo with a steady job that pays 53k annually and has been working 1.5 years. I currently live at home saving up. When I graduated college, I left with 25k in student loans. For a year, Ive been only paying the minimal amount of 250 a month that I had set up during my exit couseling Government student loans. This past month I was looking into it more deeply because it was tax season and I decided to put a bigger dent into it and payed a single payment of 10k. I have a remaining amount of 13k in student loans and was wondering if it is a good idea to pay off all in one shot? I am able to since Ive saved up from working all last year and have money set aside for any emergency that comes up. Im wondering what thisll do to my credit score Currently 710 according to creditkarma, didnt get an official one yet this year or if its better to just increase payments monthly? Any advice would be greatly appreciated.  <response>: I suppose you should tell us your interest rate on the remaining loan. But since you have the money, and are living at home, I would say pay it off. Itll get it out of the way and I think in the unlikely event something happened, your parents seem like they have your interests in mind since theyre letting you live there.Or, if youre still unsure. Contribute up to any 401K matching do this regardless, max out your Roth for this year 5k. Then with whatever is left over, put it towards the loan. Since you said you have the full amount 13k, at most you would then owe 6k, or less if you saved more than 13k. Worst case scenario, your parents help out, or in a last resort you withdraw the Roth principal. From there, aggressively pay the rest. Theres no sense in letting interest accrue if you have money to do either of the 2 approaches above. 