Refinance

How I’m Having to pay off Six Figures of Pupil Personal debt





four Best Methods for Having to pay Off $100k+ in Pupil Bank loan Personal debt

The Greatest Tutorial to Having to pay Off Pupil Loans Quicker

Pupil Bank loan Interest Deduction Information:

The Full Listing of Pupil Bank loan Forgiveness Plans and Options

How to Consolidate or Refinance Your Pupil Loans

TFD Articles or blog posts:
How I Compensated Off $25,000 In Pupil Loans In four Yrs Alternatively Of 10

Anything I Uncovered From 4 Yrs In The General public Support Bank loan Forgiveness Plan

six Techniques to Make Pupil Loans Considerably less Frightening

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33 comments

  1. Daamnnn! This is why I went to a city school. Got financial aid to cover me and pay for my books. Debt free!

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  2. I'm feeling pretty lucky right now. In my country (Argentina), the best university is public and tuition-free. In fact, a lot of Spanish and even non-Spanish speakers from Latin America come to live and study here because it's much cheaper and still prestigious education. I'm sorry in the US you have the big pressure of having to pay off student loans, and maybe the government or the enterprise that gives you the loan shouldn't have such high interest rates. Correct me if I'm wrong, maybe you think it's not so bad. I just wanted to give you insight about the situation in my country. Also a lot of people have the opportunity to study, but it's not always easy to get a job, that's a downside where I live.

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  3. I'm going to a state school, and I'll need to take out a few thousand in loans each year, but hopefully with the degree o get up be able to pay off everything in full within a few years… doubt it, but hopefully

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  4. why dont you just make the lowest monthly payment stretch it out as long as you can, to get the lowest payment then deduct the interest payment as a tax right off, then inflation will do 3% yearly and with the extra money not being spent on your student loans you can either place it with a wealth advisor and receive 6% annually or you can invest in a safe fortune 500 company and make money off the 20% conservative capital gains and/or dividends. annually

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  5. You guys are doing great!

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  6. this gives me so much hope … I have so much student debt I was starting to feel hopeless

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  7. Dave Ramsey, Dave Ramsey, Dave Ramsey! $100, 13 hour course called Financial Peace University worth EVERY penny!

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  8. I tried to consolidated my loans but it didn't work …

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  9. Hm I got around 300K in student debt 💀

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  10. you have this one correct

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  11. The key to repaying student loan is to have a relevant degree that pays well. Borrowing $50,000 to get a Mickey Mouse useless degree is a waste of time and money. These idiots end up working at StarBucks and want government to forgive loan. SMH. 😒

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  12. Something I've done that's been a big help is when I pay off a smaller loan, ($60/month), I shifted that money to other loans. It's helped me reduce my payments from $550/month to $225 (which is only that high because I pay a lot extra on them. Paying minimum would be about $200). I also make about $600-$1,000 in additional payments on loans per month depending on spending for that month.

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  13. first thing first- you are lucky to have a huge salary. Otherwise don't know how you could pay such a debt. 😐 the plans are good but without enough money to have at least for roof on top of your head, bread and clothes, don't know how it would work…

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  14. The best strategy there is: Trying your hardest to not get into debt in the first place if you can help it. I know way too many people who moved out and went as far away as they could to expensive colleges and took classes they didn't need and spent money they didn't have. Community college, local schools, cutting expenses any way you can… it is possible to get out of school with minimal debt in tow. I'm doing it right now and it is such a relief.

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  15. If you have an interest in the military and live in the U.S. talk to a recruiter and see if you can join with a student loan repayment program. I wouldn't recommend it to everyone(the military really isn't for everyone) but if it's something you are already interested in it's a good option.

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  16. Very important: If you refinance/consolidate your loans with a private lender you will NOT be eligible for loan forgiveness.

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  17. I am about to start a series on this as well. I find it VERY refreshing that you have six figures as well. It's VERY disheartening to hear others pay off $20K. We paid off $25K this year and plan to next year! We don't keep ours separate which I would say is a very big difference, but this is very cool to hear!

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  18. How I handle student loan debt: Not going to college and being rich.

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  19. Is your husband a doctor or in the medical field?

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  20. Follow the Dave Ramsey snow ball method for paying off debt

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  21. Serious question: in the Netherlands my student loan will likely have about 0.01% interest rate by the time I graduate. I hate having debt but would it still be wise to pay my student debt off as quickly as possible or should I keep it there as long as possible since the rate is below inflation, and instead invest extra money into something with higher returns?

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  22. If anyone is looking to gain experience and pay off student loans I would recommend looking into Americorps. If you have no bills this is ideal to build up your resume! I did a 6 month internship and received about $3000 towards my loans.

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  23. How did you budget your wedding? And do you have any good tips on how to save for one?

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  24. I'm a freshman undergrad going to private college and I am intending on going all the way for my PhD in Biochemistry. With my current scholarships, it looks like I'm going to be paying off somewhere around $150,000 just for undergrad. Do you have advice for decreasing that number while in school, and getting ahead on paying it off? Essentially, what should I be doing now to make my life easier later?

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  25. I am currently in the process of paying down about $60k in student debt. My minimum payments are $350, but I make sure I always pay at least $500 automatically and toss a bit more in every month. I got a bonus from work and while I should have tossed the money at the loan with the highest interest, there were two loans in the mid-level range of interest rate that were only $500, so I just paid those off in full. Now I'm down from 17 loans to 15!

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  26. What kinda school charges that much?

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  27. I have 50k in debt, but am currently in graduate school so they are in deferment. Any thoughts on if it would be worthwhile to start putting money toward the loans even though there may be grants I can put toward them in the future?

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  28. MUST. SHARE. TO. ALL. GRADUATING. FRIENDS.

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  29. I wish TFD wasn't so US centric at times. Any recommendations for EU/UK based or just more global leaning financials blogs and sites?

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  30. I would love graphics/annotations that could quickly break down certain jargon you all use. I understand doing my research is important, but it would make these videos more accessible to me 🙂

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  31. great tips

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  32. please do a video on credit builder loans

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