Sell an asset to pay off student loan debt?

[Bruce Clark]

I currently have about $40,000 of student loan debt with interest at 8.5%. This interest rate kills me every time i see a statement. I have a SFH in which I have invested about $10,000 into. The house also has a mortgage of about $19,000. At this point I have just over $40,000 in equity in the house. The house cash flows about $400 per month. I am trying to decide whether to sell the SFH and pay off the student loan, or to keep the house and continue to make student loan payments.

Thoughts, ideas, or suggestions?