Student Loan: Left over sum?

[dazraf69]

I have about 10k of a student loan that I ended up not using. What would be my best bet?

-pay back the sum of 10k

-invest the 10K in say an index fund and just make payments over the next 10yrs at a 6.8% rate of intrest

-Any other suggestions anyone might have. I am not going to use this money for anything as far as personal use. My only intrest is if I can actually profit from the 10k invested as opposed to just pay it back? Seeing how the market returns more than the 6.8% (over 10yrs) I was hoping to gain from an investment.


Here is the breakdown:

Loan Balance: $10,000.00
Loan Interest Rate: 6.80%
Loan Term: 10 years

Monthly Loan Payment: $115.08
Number of Payments: 120

Cumulative Payments: $13,809.66
Total Interest Paid: $3,809.66