<prompt> Human: Its a long story, but the short version for me cause I talk a lot is this: As an 18 year old applying for colleges, my parents said not to worry, they would take care of everything - so I graduated in 2010 with about 20k in student loan debt. That debt is now down to about 5k and I pay 75 a month on it. Last February, I got a call from the loan provider, ACS Education, saying 3 loans totaling about 80,000 were over 3 months past due and were on the verge of 4. I called my now retired parents, and basically found out my mother had no idea of their finances, that they were essentially bankrupt and that my dad was just going to let them come after him and declare bankruptcy although my understanding is that wouldnt help with student loans. Thing is, I didnt realize that at 18 poor excuse, I know, but at this point it is what it is, one of the many papers i signed was me being a cosigner on that loan, so it impacted my credit and is something I need to take care of. I took on the loan and got it current, and my intention was to start paying it off and refinance it and help my parents because they were drowning under it and other debt too. I have tried two different agencies - SoFi and Earnest - and have been denied because of the past delinquency that hit my credit when I was the cosigner. Im handling it now, but Im now not saving any money anymore, and occasionally if a bonus check isnt heavy enough I take a step back. I could use some real advice, here are my details:Savings - 12,000Loans that i took from parents: 13,285.9621,942.8134,342.59. Interest rates of 8, 8 and 11.5Personal Student Loan: 5k, monthly payments of 75Current Monthly payment: 929.39Yearly income: 55,000 with bonuses about 60k to 65kRent:800monthOther debtexpenses: 400 on one credit card, and my girlfriend and I typically use our shared credit card for all other purchases, which totals around 500 a monthACS has a refinance option, but it is really just a kick the can type of thing. 25 of monthly payments for 6 months, 50 of monthly payments for 6 months, and then a year of just paying the interest. But that would just leave me with larger payments down the line.Before my credit was hit by all this, it was good but not great, 680. I would really appreciate any ideas on how to best go about pay this off since I cant refinance and not start going into the red. Thanks!Edit I didnt know what to expect, but my day has been made by all the advice, support and kind words. If any of my coworkers looked up at me at key points today, they probably chose to not ask why it looked like I was smiling and maybe tearing up at the same time. From the very bottom of my heart, thank you all so much. Its great to know that there are people out there who will take time, and in some cases keep coming back to take more time, to help a stranger. Happy Holidays everyone, lets make 2017 better for all of us - and with this advice I can start making it better for me now.Assistant: If youre intention is to pay off all of the loans by yourself and not just help your parents out for a time, then I would attack it aggressively with a snowball approach. Not knowing your full budget, it looks like you may have some monthly margin. I would look to take 8-10k from savings and apply it to the 13k loan, and then start paying extra on it from your margin to the tune of 500-600 month. If you knock out 10k from savings and budget 1,500month for student loan 929 payment plus extra 600, you will be out from under the smallest one by June. Then keep paying 1,500 but now you will most likely be paying about 800 extra on the next loan. Etc...I know it will hurt for your savings to take that big drain, but that money is more valuable to you in getting out of debt 8-11 interest than it is in a savings acount 1 return. But all of that is dependent on how aggressive you want to be and what level of emergency fund you are comfortable having. Human: Ive thought of that, but I admit I am the type of person who panics when his savings dips low and doesnt have money for an emergency. As it is now I basically am stagnant with my funds - though I intend to do some budgeting to try and correct that. So to suddenly only have around 1 or 2k in savings - and literally only that money to my name - while then working paycheck to paycheck for other things like rentother loan payments is freaky but probably necessary.Question for you if you dont mind, because I apprecaite the advice, if I were to take advantage of the ACS kick the can refinance, under the assumption I can still make bigger payments and pay faster via snowball, is that something you would advise? In my mind it could potentially reduce risk short term on not having emergency funds and still pay it down faster. Again, that is assuming ACS would let me do that if I refinance through them, which I am unsure of - I am skeptical though because they want to make money  <response>: I would say that most delay payment plans tend to work out only in the cases where your income rises considerably over time. If you think you will in the next few years be at 70k, 80k, 90k, etc then maybe it makes sense to kick the can.What I would advise instead is that you try to scale back lifestyle expense and focus on scaling up your wages and just keep paying the same loans you have now while asking once in a while for a refinance to reduce interest rates not to reduce monthly payments. 