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Hello, Fools, I'm looking for advice.

The scenario: I have amassed $34,000 in student loans at %7.75 interest. Add an additional $4,000 at 5%, and my situation grows bleaker (more bleak?).

The good news: I have approximately $21,000 in assets. I see a scenario where I use all my assets to reduce the larger loan and then continue aggressively to pay them both off. Only then, when I've reached zero debt, would I begin investing.

Given that the interest rates are comparitively low, is there a better scenario that involves the combination of paying off debt with investing?

Also, how do you feel about paying off any remainder of the higher interest loan with credit cards offering low introductory rates, and then playing the transfer game among new credit cards?

Thanks for your time and insight.

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