I'm currently paying back my parents $100 monthly for the CPF education loan I took up last time. Should I try to clear this debt faster by repaying a higher sum (eg $200) or continue at a min of $100?

So ur parents cleared the debt with cpf n u r paying ur parents? so cpf is not charging ur family interest right?

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assuming the above, if ur filial yes pay earlier so they have money they can use for their life. if they really want to help you they will ask u to take ur time. all right and wrong is arbitrary and depends on family money.

I think it really depends on individual's comfort level of having a loan. Initially I was also paying for the education loan bit by bit thinking that investment could generate higher returns and better to have liquidity for investment capital. However, market volatility and job insecurity made me feel uncomfortable and I decided to pay off the entire loan at one go to have peace of mind.

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Definitely recommend to clear the debt as fast as possible to avoid interest. The longer it takes to clear the debt, the more interest you need to pay.

In fact if you can do lump sum repayment, that will be even better!