How should I pay off loans?

25 year
Update: 25 year old, have about 22k in student loan debt with a 3.8% interest rate. My car is payed off but is old and rent is cheap. I have 12k in investments, 12.5k in cash and 3.5k in 401k. Paying $300 per month on loans which is slightly above minimum required payment. Should I pay more on loans or keep saving and... show more 25 year old, have about 22k in student loan debt with a 3.8% interest rate. My car is payed off but is old and rent is cheap. I have 12k in investments, 12.5k in cash and 3.5k in 401k. Paying $300 per month on loans which is slightly above minimum required payment. Should I pay more on loans or keep saving and investing?
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