It seemed to be much more creative then too . <| sep |> The mere existence of either of them denies the existence of the other . <| sep |> Jesus dude <| sep |> Undeclared tips can really come back to bite you at tax time . Seriously , report it accurately and put some money aside . Anyway , I think you should pay off the school loan ASAP and the car loan if it ' s above 4 %. Then save up to go back to school . Taking on a reasonable amount of student loan debt is ok , but right now your debt is pretty high for your income . That , coupled with the questions you asked here don ' t pay off a school loan with a credit card , that ' s just transferring debt ! , makes me think that you ' re not quite ready to make any major financial commitments yet . Paying off your current debt , in addition to being financially prudent , will help you develop discipline when it comes to spending , saving and budgeting . By reasonable , I mean the total amount of debt after you ' ve finished your degree should be less than your expected salary the first year . If entry level jobs in your field by 40 k then don ' t have more than 40 k in debt by the time you graduate .