Mohela school loans- is it okay to pay off all at once? Hi all. I have massive amounts of school loans- almost 200,000. I’ve been paying off for almost ten years and still owe more than I started with 2/2 interest. My job situation has recently changed. Is there any reason I shouldn’t pay it off all at once if I’m able? I’m ready to be done with these loans. submitted by /u/MrsCornmuffin