how to pay off student loan Archives - The Outlier Model

Tighten the Budget or Rely on the Generosity of Others?

Melissa Batai / April 14th, 2014 / No Comments

It’s a common problem among twenty-somethings and even those in their thirties. The job you get fresh out of college, while perfect for building experience and growing your career, does not pay well. You may be paying down student loan and credit card bills from college while also trying to find money to move out on your own and get your first real place. What do you do when you’re...

Posted in: Minimalism and Frugality Tagged with: budget, generosity, how to pay off student loan, pay off debts, rely on others

Paying off $27,000 in student loans

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CF / November 5th, 2012 / 54 Comments

It’s actually better than it seems, from the title. I started with $35,000 in student loans when I first graduated in 2007. And I actually took out over $40,000 in loans. I was fortunate that several thousand was forgiven as part of several grants that I received! I made payments for a few years, and then did my second degree, during which time my student loan payments were halted. I...

Posted in: Credit and Debt, Money Tagged with: Canada student loan, how to pay off student loan, paying off student loan, student loan repayment plan