The Best Way of Paying Student Loans

The average college student graduates with around $20,000 in student debt these days, myself included. While this may sound like a daunting amount of money, plenty of other people are in the same boat, and they’ve shared their stories, experiences, and advice for you to read. Here are 25 great stories, resources, and tips on how to pay off student loans.

Paying Student Loans Quickly

If you’re looking for some inspiration, then check out these stories of people who have paid or are paying off their student loans as quickly as possible.

It’s been seven years since I retired my student debt. I’ll never forget the mixed feeling of graduating from school with my degree in one hand yet starting a new life with 17K of debt in the other. To put it bluntly, the feeling sucked.

Ok, sucked isn’t strong enough a word -TOTAL SUCKAGE is more like it. Anyone with student loan debt will agree that leaving the academic world with seemingly nothing more than a piece of paper (and negative money in the bank) is not fun.

Apparently, the average amount of debt a student carries upon graduation is about 19K. So really, my 17K wasn’t soo bad. But still, looking back on those early days makes my stomach lurch and my head ache.

Back then I knew that debt felt bad, and I wanted to get the debt monkey off my back as soon as possible. So I made the commitment to myself and to my financial future to get outta student debt fast.