FICO increase...which one should I do first?

[Jon Razon]

I want a to bolster my FICO score and I have two big accounts that are both current. I want to get rid of one by paying them off:

1. School Loan (US DEPT of EDUC) - $50K - paying $500 a month (basically onl 1/3 of the payment actually hitting principal :cry: ). I'll be a young 81yr old when it gets paid off at status quo.

2. Home Equity Line of Credit (Wachovia) - $46K- paying $500 twice a month (1st and 15th of every month). Original loan of $50K. About $760 goes toward principal.

Which one should I take care of first?
Does it even matter with regard to FICO impact?

I'm leaning towards the home equity line of credit because of the fact I'll have that $50K in hand for a rainy day if I pay it off.

Thanks ahead of time...