How I Paid Off Student Loan Debt in 18 Months

 I paid off $22,000 in student loans accrued for my college age kids in 18 months. How did I accomplish this? What secrets did I use? My strategies for loan repayment are no different than those I used for paying off other debt. I use the old Nike shoe maxim--"Just Do It." Here's how it worked.


Make big (and I mean big) payments. Paying off a large loan is like swimming in Lake Michigan when it's cold. You've got to dive in quick and get it over with. Going in gingerly just prolongs it. With students loans, making small, ineffectual minimum monthly payments just compounds the interest and inflates debt to elephantine proportions. During the loan repayment, I made $1,500 payments monthly. Read more

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Freelance writer, Top 100 Yahoo! Voices, Yahoo! News, Shine, Michigan, Detroit), blogger, teacher, mom of 4, happily married 25 years. Graduated GVSU 1986, psychology/general education and special education. continuing ed up to present. Certified MI teacher. Writing Michigan history mystery, children's Gothic fantasy. Areas of expertise: education, relationships, mental health, nutrition, history, world cultures. Passions: faith, Catholic church, sustainable living, interfaith initiatives, living simply that others might simply live. Working on MA in EI education. 

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