Keep it on shore, the interest rate increase will help strengthen the dollar. Invest in some short cap High growth fund. The think you must analyze is how much risk you can take? MAybe you should buy like 500 bucks worth of tuning gear, and start a shop in your garage doing tunes, Ptex and base patches, that way its a source of income that you can make money from well after the loan is over.
The smart man does not know everything, rather the smart man admits when he knows nothing.