<prompt> Human: Hello PF, Ive been scouring the PF subreddit, reading up on similar situations, and trying to figure out what would be best to do. Here is my situation:Im 28, an artistfreelancerteacher making an income of about 50kyear in NYC... Cost of living is obviously high, and in my career I am not likely to have a huge income bump in the near future. I have 100k in federal student loans from Bachelors, Masters, and post-graduate degrees, with interest rates between 5-6.8. Currently Im on the income-based repayment plan, which means that my monthly payments are manageable, but the loans are just getting bigger.. I received a large to me, massive inheritance of 120k unexpectedly last year, and its been sitting in a high-yield savings 1.05 since then. My question is basically this: should I just bite the bullet and pay the entire loan amount off now? Or would it be smarter to pay part of it off to bring the monthly payments down to a feasible amount, and then invest the rest into savingsretirement planning? I am really trying to be smart and rational. Im already frugal, and wouldnt spend it anyways... but I dont anticipate having another chance to have this kind of money to work with in the foreseeable future.Any advice would be much appreciated. Thank you!EDIT: Throwaway account for privacy EDIT2: It seems the consensus is to pay the loan in full.. pretty much the answer I was dreading, but knew was probably true. I realize hoping for investments to beat the 5-6.8 the loans are accruing would be risky at best, but still it helps to hear other peoples opinions and for obvious reasons, Im not talking about this to friendsfamily  <response>: PAY THE DEBT OFF TONIGHT. At your current interest rate, youre falling backwards at the rate of 5,500 a year and growing. Get rid of them ASAP. Youve already lost 4,000 by waiting for a full year. 