conversation: User (dani8espo): "So recently I was doing some research about building credit and eliminating debt and some of the advice was to pay off "personal debt" including credit cards and car loans first before you pay off any student loans.  I dont understand why this is better.  My car loan has a 1.9% interest rate with a total of 14,800 left to pay off and the remainder of my student loans total over 15,000 with anywhere between 3.5% to 6.0% interest rate.  If the loans are around the same amount of money and the interest rate is higher on the car loan, wouldn't it be more beneficial to pay off the student loans first?\nBackground: I am a 24 year old nurse making around 45K a year and with my living expenses I am definitely able to make more than the minimum payment on both loans. \nThank you!"
  Self: "Assuming you are in the US, as I am not sure how other countries work, keep in mind that the interest you pay on your student loan is tax deductible so it is generally considered "good debt".  I personally would pay off the car then tackle the student loan."
  