If my current budget for credit card and student loan payments is this:
credit card - 100/month (2,450 balance)
student loan - 100/month (3,600 as of today, more loans next semester)
Would it be better to change this to:
student loan - $10 per week (just enough to pay off accrued interest)
*credit card - 160/month (hardly any interest, last statement show a dollar interest fee charge)
Is it wise to pay off only the interest and prioritize other debt or much wiser to pay off some of the principal in the loan?