A little background info...

-Full-time college student, working part-time during school (around $800/mo)

-$16,000 in the bank

-$6,500 remaining on car loan ($150/mo payments, 2.9%)

-$8,000 student loans (Direct student loans, 3.5% interest beginning 6 months after graduation)

-$800/mo total expenses including car payment

-Job lined up after graduation with excellent benefits, $55,000/year

My question is what should I do with my $16,000? Tuition in January will run around $5,000. Would it be worth it to be off my car or student loans? With that low of an interest rate, I am not losing much per month not paying it off early. If your advice is to invest, where should I begin? I plan on dumping money into my 401K when I begin my new job, but I'm lost with what to do for the next 9 months. Thanks so much for any advice! (First reddit post, be gentle please!)
user
College student with good chunk of money saved, is it better to
assistant
A little background info...

-Full-time college student, working part-time during school (around $800/mo)

-$16,000 in the bank

-$6,500 remaining on car loan ($150/mo payments, 2.9%)

-$8,000 student loans (Direct student loans, 3.5% interest beginning 6 months after graduation)

-$800/mo total expenses including car payment

-Job lined up after graduation with excellent benefits, $55,000/year

My question is what should I do with my $16,000? Tuition in January will run around $5,000. Would it be worth it to be off my car or student loans? With that low of an interest rate, I am not losing much per month not paying it off early. If your advice is to invest, where should I begin? I plan on dumping money into my 401K when I begin my new job, but I'm lost with what to do for the next 9 months. Thanks so much for any advice! (First reddit post, be gentle please!)
user
16,000 in debt, a little over $6,000 in student loans, $8,000 in
assistant