It's hard to give a definite answer without knowing more specifics about your financial situation.
Generally, it is wise to focus on your loan payment, especially if your loans have high-interest rates. By paying down your loan, you can see it as a way to earn guaranteed returns from the amount you save on interest payment.
On the other hand, you may also want to save for your future. Most advisors would recommend building up an emergency fund first, usually as much as three to six months worth of living expenses. Then if you have a 401k account and your employer offers a matching contribution, you should also try to maximize this benefit.
There is no clear-cut answer to this question, as there are many factors to consider. I think you may find this article helpful.
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