<prompt> Human: I promised her that I would make a post on personafinance as I have seen some great advice on this subreddit.INFO:student loans total 120k for nursing school graduate nursing school.Loans are as follows:Unpaid Principle: 105kUnpaid interest: 15kDirect Grad PLUS: 73k with 7.210 interestDirect Unsubsidized Stafford: 24k with 6.210 interestDirect Unsubsidized Stafford: 22k with 5.840 interestNursing wage: 40hr working 36hrweek. Net income roughly 3900month. I say roughly because some weeks it will be more hours, some weeks it will be less.Current Savings: 40k --- emergency fund is also in this 40k Current liviing situation: Hardly any living expenses - between 500-1000month. Currently living at home to save money because of the loans.Minimum payments for a 10 year plan: Around 1500month for all combined loansThe reason why Im asking in this forum right now is because graduation is going to be soon and she will have to start paying for the loans as soon as possible. Also, each day that passes by, it seems that the interest keeps on accruing. Any advice on what she should do will be extremely helpful. She will also be graduating with a masters in nursing and I have some connections with Kaiser that can probably land her a job there.Assistant: Ok, so theyre all Federal loans. Thats good.Also, each day that passes by, it seems that the interest keeps on accruing. Well ... yea, of course. What else did you think would happen? Interest accrues every day.Any advice on what she should do will be extremely helpful.Uh ... pay them? She has 3900 in income, 1000 in expenses, and 1500 in SL payments, leaving her with 1400mo in extra income to do whatever she wants with. Whats the problem?Id probably take 30k out of savings and pay down part of the 7.2 loan today. Then Id start throwing any extra income I had against it too.Human: Hey thanks for the info!There is another possible situation that will involve going back to school to become a nurse practitioner. This will add 50k to the overall debt, but also increase income to possibly around 120k.If she were to go back to school, would it be a better idea to go into IBR while using the savings money she currently has to go back to school?Also, in this situation, she would go to part time employment at the hospital 2 days  <response>: What the hell did she go to grad school for if it wasnt for a NP?When I read nursing graduate nursing, I assumed NP since thats the main thing people go back for, resulting in a nice pay raise. I figured graduate NP raise wouldve been more than sufficient to cover her loans. The second most common is probably to become a nurse anesthetist, which would also result in a hefty raise as well.She should throw say 20k of her savings at the loans and then 3kmonth based on your budget above towards them. If she can stomach living at home, she could knock them out in a couple years. 