<prompt> Human: Hi all,I have been researching the wikis ever since graduating to the big boy world, and it appears that making minimum payments on student loans is the best idea due to the lower interest rates on them and having more cash to work with month to month. I am curious about individual opinions on this matter, as a lot of family members suggest paying them off ASAP and eliminating the debt.The numbers are:-28,800 USD student debt, at 3 APR-70,000 USD annual gross income starting this January-no other credit card debt or car loans, etc. -22 yoWhat do you think, rpersonalfinance?  <response>: It depends. Lets say your student loan payment is 100 and you can afford 200. If youre going to put 100 towards your loan and 100 toward an IRA, then thats better. If youre going to just spend the 100 on whatever you want beer, eating out, etc., then its better to put it toward the student loan. 