<prompt> Human: I have recently graduated from a university and like most, I am swimming in debt. I have two different loans that I have recently got consolidated but they both still accrue interest separately and I pay them off separately. They are just held by the same provider now.I am starting to pay them back, but I am wondering if there is a strategy for doing this, that is, which one should I pay off first, or at the same time. I want it to be as simple as can be considering I am not a financial wiz but more importantly I want to save money on the interest. so.. here we go...Loan 1: 4, 608.82 6.8 interestLoan 2: 23,106.90 6.8 interestWhich one should I work towards paying off first?Should I just pay both of them equally as I go?What payment strategy can I use to minimize the amount of interest I will pay in the long-term?Thanks for all your help finance redditors, I am greatly indebted to your services...  <response>: Based on the interest rate I assume they are both federal loans. Is one subsidized while the other is not? If so, pay off the unsubsidized loan first.If they are both equal in every other way, pay off the one with the lowest balance first. I recommend this because it will reduce your monthly minimum payment amount i.e. improve your monthly cash flow; though the effectiveness of this will depend on the terms of your consolidation so you have one less payment to worry about in the event of an emergency. 