<prompt> Human: TL;DR My wife and I have extra cash and want your help in spending it. Does it make more sense to invest or pay down our student loan debt?My wife and I have a crippling amount of student loan debt between the two of us 320K, but we also make a good amount of money annually 300K gross and have a nice amount of cash in various checkings and savings accounts 100K. We are both 32 years old and are maxing out our 401k and Roth IRA contributions. We are also obligated to pay 15Kyear for the next four years into an investment vehicle called a traunch? which our financial advisor set us up with. I really want to invest our extra cash of 50K in rental properties because I feel getting a positive returncap rate of between 7 and 10 is a better use of our money than paying off our expensive student loan debt with an interest rate of 6.5 240K is at 6.5. My wife feels paying off her medical school debt is a better use of our money, but isnt pushing hard for that option because a lot of our cash came from real estate endeavors of mine prior to her and I getting together and Im pretty dead set on investing it. The real estate and stock markets are crazy right now and I feel both stocks and property are overbought and not as valuable as prices reflect. As far as Im concerned, our three options are to invest in one or two rental properties with good returns, pay off the expensive student loan debt, andor hold onto the cash until the stock andor real estate markets eventually take a dump.Ive read the how to handle money wiki and see paying down debt takes a higher priority than even retirement investing so maybe we should reconsider our current allocation of resources. Is there a break-even point that would make investing a better option than debt reduction in our case?WWRD What Would Reddit Do? Thanks in advance for reading and contributing to the conversation.  <response>: The breakeven point on whether you should pay debt or invest is generally considered to be somewhere around 4 interest rate mortgage debt even higher.If you are more risk tolerant you might set the breakeven point somewhere around 5.At 6.5 Id honestly just pay off the loans. Its no small amount and its gotta be paid off eventually. Might as well be sooner rather than later. 