Should Ana take out a student loan if she still has outstanding credit card debts?

Taking out a student loan while still having outstanding credit card debts is generally not advisable, which makes the option of paying off existing debts first the most prudent choice. High-interest credit card debts can accumulate quickly and lead to financial strain. By prioritizing the repayment of those debts, Ana can improve her overall financial situation, reduce the burden of interest payments, and enhance her credit score.

Managing existing debts effectively could also position her more favorably for future borrowing needs, including student loans, as lenders often look at the borrower's debt-to-income ratio and credit history when determining eligibility and interest rates for loans. Additionally, by reducing her overall debt load, Ana may ensure that she can responsibly take on new loans without risking her financial stability.