<prompt> Human: Hello all. Im a first year graduate student now and am seeking help for repaying loans from my undergraduate education. To start off, my loans:In total I have 27000 in student loans, most are between 3 and 6 percent, the majority being 4.5. I have not entered the repayment period on any of these, Im still in the grace period. Of these 8500 is in subsidized loans, 3750 in a perkins loan, and the rest unsubsidized. My current financial situation: I have around 17,000 dollars in my checking and savings account, and no real credit card debt, and no investments. My graduate school provides health and dental insurance and eye insurance.My expenditures and income are as follows:2100 a month from grad student stipend-625 a month on rent-100 a month on electricity and internet all other utilities provided-400 a month on food I eat lunch out almost every day as its just much easier -40 a month on gas-100 a month luxury spendingThis totals out to 835 saved each month not factoring in any repayments on my loansIm looking for a plan. Do I pay off as much as I can right now? High interest loans first?. Try to invest some of my money and just do monthly payments?Any help would be appreciated. Thank you.  <response>: Since youre in school, I assume that you dont owe any payments currently. Ill also assume that your subsidized loans wont accrue any interest.If Im correct there, my recommendation is to use some of your 17K in savings to pay down your highest interest debt ignoring the subsidized. Up to you to determine your risk tolerance, but youve listed around 1200 in expenses per month. Your stipend should be safe, so a 3 month emergency fund would be 3600. Take the other 13K of your savings and pay off the majority of your non-subsidized student loan balance 15K. Then use your 800 monthly savings to knock out the other 2K over a few months. After that, Id build your savings back up in anticipation of paying off the final 8,500 of your loans, but theres no rush because there should be no interest. Hold the cash to pay for other expenses that may come up during school and have a buffer for post-school expenses and possible relocation.Once you are graduated and settled with a new job, take the money youve saved and kill off the final 8,500. 