<prompt> Human: I have enough money to pay off my student loans in one payment without the extra cost of interest. Would this request be taken seriously or should I pay it off overtime and accrue more interest as I cant afford the whole thing plus interest. Thanks for advice  <response>: Interest accrues over time during the repayment of your loan. All that matters is the current balance of your loan. If you have enough money to pay that off, then its paid off and no interest will accrue.Even if you dont have enough to pay it all off, if you pay off a big chunk of it you will pay less interest overall, because the interest will be calculated on a much lower principal amount. 