7 UNIQUE WAYS TO PAY DOWN STUDENT LOANS WHILE IN COLLEGE

Everyone knows that college is expensive. Often, students have to take out loans to make obtaining a degree possible, leaving them wondering what they could do to pay down student loans faster.

Having a significant debt load hanging over their heads is burdensome, affecting their ability to acquire other financial products and requiring a serious chunk of their income to be dedicated to repayment.

1. FREELANCING FOR EXTRA CASH

Freelancing can be a great way to pay down student debt faster while giving your student more control over their schedule and work than they might get with a part-time job.

2. SELLING EXCESS STUFF TO END TWO BURDENS AT ONCE

Selling items they no longer need to pay down student loans faster can not only relieve them of some of their debt load but also free them from things that they don’t intend to use in the future.

3. USING ONLINE SURVEYS TO PAY DOWN STUDENT LOANS FASTER

Online surveys have long been touted as a way to pay off student loans faster. While students won’t earn extra money quickly, it does offer access to a little something extra that doesn’t require much time or energy.

4. WEBSITE USER TESTS FOR FUN AND PROFIT

If your student isn’t an eloquent speaker, then public speaking is a great elective to choose. Many people freeze when they have to present information to a group something that many professionals have to do with surprising regularity.

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