- Aug 8, 2017
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Im a classic millennial case, taken up a study of field that wouldn't pay off the number of loans i took. Basically, i took a 5-year architecture program (towards being a licensed architect after 3 years of work). Although its towards my passion and my profession, the school I pick have a pretty hefty tuition. So im now looking at being in a profession where the median is about 77,000 with a 230,000 total of student loan debt.
Since im starting just now, of course my salary is way less than that while im paying off the debt. Its tough on the pockets, and it looks never ending.
I was listening to a podcast on youtube where someone was mentioning about the same problem, and the takeaway was that I don't have the luxury to depend on my job to be my only income. I have to get rid of it as quickly as I can.
So Im wondering if any of you have any ideas where I can make enough income apart from my job, to pay off this debt, and how quickly you think I can do it. The dream is 5 years im debt free, but thats a huge stretch.
Since im starting just now, of course my salary is way less than that while im paying off the debt. Its tough on the pockets, and it looks never ending.
I was listening to a podcast on youtube where someone was mentioning about the same problem, and the takeaway was that I don't have the luxury to depend on my job to be my only income. I have to get rid of it as quickly as I can.
So Im wondering if any of you have any ideas where I can make enough income apart from my job, to pay off this debt, and how quickly you think I can do it. The dream is 5 years im debt free, but thats a huge stretch.