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Student loan should I repay?

So I have worked really hard to be mortgage free and I currently owe
£3269 on 0% Credit cards
I also owe £2250 on my student loan.
I know you are advised not to pay these off but mine has interest on it compared to my 0% cards and it’s small, i am likely to pay it off as I’m just 50, I work in nhs job so fairly secure .
should I pay this off or save?
I have savings of £5000

2025-26 MFW Target #68 £13,500

£378.07 left to pay from 10% overpayment allowance, (July26).

Mortgage  free Aim July 2027.
July 25 £57,000, £56950
August 25 £56,400

house improvement/holiday £2500/5000

Barclaycard £5800 (0%) Deal ends April 2026

Comments

  • Spendless
    Spendless Posts: 24,712 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I'd do some maths on it. When will it get written off? Based on current wages and expected pay increases how much do you expect to pay off in that time. Perhaps read some articles and use some calculators on this site to come to your decision. 
  • V3cash
    V3cash Posts: 301 Forumite
    Eighth Anniversary 100 Posts Name Dropper Photogenic
    I have 10 years left on part 1 student loan
    i also have a part 2 student loan, this one I won’t bother to pay off as it’s huge. 
    I will be likely to pay it off in the 10 years so it’s probably a no brainer to pay it off as the interest is 4.6 % ish
    However it’s hard as if i could not work for any reasonsor drop my hours under threshold i would not pay it off any way.
    i will have a think

    2025-26 MFW Target #68 £13,500

    £378.07 left to pay from 10% overpayment allowance, (July26).

    Mortgage  free Aim July 2027.
    July 25 £57,000, £56950
    August 25 £56,400

    house improvement/holiday £2500/5000

    Barclaycard £5800 (0%) Deal ends April 2026

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