$300,000 Of Student Loan Debt PAID OFF In 5 Years + 5 Tips For PAYING OFF STUDENT LOANS FAST – Waller’s Wallet

by YouTube Team

Student loan debt is a burden for so many people. And my wife and I had about $300,000 of student loan payments when we graduated pharmacy school. We were aggressive in becoming student loan debt free and worked hard to pay off all of our student loans in just 5 years. And during our debt free journey, we learned some tips in how to pay off student loans faster. This will be helpful if your goal is to pay student loans fast.

00:00 – Start
00:24 – Education Background
00:55 – Student Loan Payment
2:07 – Aggressive Payments
3:18 – Our Strategy
5:29 – Tips To Pay Your Student Loans Faster
11:08 – Final Thoughts

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24 comments

JP Knowledge November 10, 2020 - 10:50 am

Student loan debt is a killer to the soul. Glad to hear you were able to stay disapline and pay it off. Way to go!

Reply
Liberty Aid Academy November 10, 2020 - 11:59 am

Paying student loans is for suckers. Only illuminati33 can pay off student loans as they sold their souls to the devil/33/We.

Instead one should operate a tax free trust and then one always qualifies to pay zero on student loans and credit remains perfect. No taxes. No student loan payments and perfect credit.

Your channel is the perfect banker slave of the devil/33/WE channel. Pay your taxes like a good slave idiot.

You literally never have one good financial hack ever and you get viewers. So fake. Fake map. Fake gender. All the fakes of the 33/WE.

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Jack Attaya November 10, 2020 - 2:01 pm

Had 120k in student loan debt, did some similar stuff, but toward the end I used plastiq with min spend bonuses & 0% apr periods to really accelerate things, while stewing the difference in min payments somewhere else to earn interest.

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Xiao Liang November 10, 2020 - 7:19 pm

Dang Dusting Congrat! Where are you living now? What do you think about paying off rental property or investing another one?

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CFont493 November 10, 2020 - 7:56 pm

I’m watching this when I get off work later!

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Cyndy Wang November 10, 2020 - 8:43 pm

I won't ever pay a single dime to people who scammed me into getting a useless degree. No-one wants to pay scammers.

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jlin74 November 10, 2020 - 11:31 pm

hi Dustin, that's really impressive. Student loans are necessary evil, my wife has about 520k loan from her dental school. OUCH!

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jlin74 November 10, 2020 - 11:40 pm

Dustin, there's a school of thought, advocating taking advantage of the current student loan refi low rates and stretch out the term to 20 years or as long as possible to lower the monthly payment, then strictly invest the extra money on index funds. What's your take on that?

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rodjfg November 12, 2020 - 2:24 pm

Show hard proof or it did not happen!

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Studenomics November 12, 2020 - 3:43 pm

That's some impressive work. Congrats

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daddysoze November 15, 2020 - 12:16 pm

Elephant in the room….student loan forgiveness happens this guy 😭

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Debt Free T'Marie November 15, 2020 - 5:47 pm

I'm in the process of paying off $70k in student loans 😫😫. My tip is make sure any extra payments you make are going towards the principal balance and not the next month's payment.

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Lauren Miller November 15, 2020 - 9:56 pm

Great video! My husband and I are working on paying off $370k of debt (mostly student loans, plus some credit card debt and a car loan). We paid off $50k since we started our debt free journey in Jan of this year. We hope to have it all paid off within 5 years like you guys did! We also refinanced our student loans thru Sofi. It’s inspirational to know it’s possible!

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PC December 14, 2020 - 4:13 am

Respect to you man!

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Mad Money Millennial January 2, 2021 - 3:46 am

Great story!! I paid off over $100,000 in student loan debt myself in just over 3 years! I just posted a video on my channel explaining how I did it!

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Justine Johnson March 9, 2021 - 12:59 am

This video is very helpful and encouraging!

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choosey87 March 24, 2021 - 6:38 pm

How to pay off $300,000 in Student Loan Debt in 5 years.
Step #1 You and your spouse Become Pharmacist
🤣🤣🤣🤣🤣

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Big Mane March 26, 2021 - 8:15 pm

I’m 18 looking to go out of state school with good biology program. I can basically go to school free if I stay in state but it costs 120k out of state. I wanna get PharmD so I calculated and it would be 180k. I would have 300k debt. Is it worth it to go to a way better expensive school or no in ur opinion?

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Taylor McDowell May 8, 2021 - 4:29 am

I owe $220,000 🤦🏻 sinking here

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Ecospider5 May 15, 2021 - 3:17 pm

So for 5 years you made a tone of money but were unable to buy anything because you put all that money towards paying your student loans. Well good thing you ended up with an education that got you good jobs. That is not always the case.

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James Ruport May 17, 2021 - 8:57 pm

245k at 6.8% with 60k of unpaid interest as a PT

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Matt E August 20, 2021 - 3:05 am

260k at 7.5% 🙁

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Ricky & Gandi September 12, 2021 - 10:56 pm

🙌🏽

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CeCe October 28, 2021 - 1:48 pm

I want to be a veterinarian and gave up due to how much student loans debt are so here I am determined to do what I love and not what will make the most money. I’d hate to be at the end of my life and regret not becoming a vet

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