<prompt> Human: Im currently behind a few months in my student loans. I owe about 10,000 in student loans. Would it be a bad idea to pull money it of my 401k to get current?  <response>: Dont withdraw early from your 401k unless its to avoid a bankruptcy or foreclosure. Youll be hit with a 10 penalty, plus your tax rate. Itll take 15,000 worth of 401k money to clear the 10,000 in loans - thats like borrowing money at 30-40. Not a good idea. 