Fact: Student loan debt in the U.S. is $1.48 trillion, more than even the total U.S. credit card debt. Chances are some of that debt belongs to you or a member of your family. If you have extra cash after paying your monthly bills (including student loan minimums), what should you do with it? Do you splurge to establish your life after college; put your extra money toward paying off your debt faster; or save for retirement? What should your priorities be? Kelly McNerney shares the key questions you should be factoring into this equation.