It doesn't mean you've paid off your debts, but it does mean you are paying off your debts. There is no need to pay off your student loans completely if the in

It doesn't mean you've paid off your debts, but it does mean you are paying off your debts. There is no need to pay off your student loans completely if the interest rate on them is low and you can do better things with your income. Making your payments is responsible. Paying them off (partially or entirely) means that you have nothing better to do with your income. Refinancing your student loans from 4% to 2% is a fantastic idea, however (which is what the UK is doing)