A pharmacist shares how she paid off $286,000 in student loans by doubling her income through a new job and side work. The strategy prioritizes earning more over cutting expenses to tackle medical debt fast.
So I'm a pharmacist about seven years out of school now, and I live in Alexandria, Virginia, just outside of D.C.
So tell the audience what we're celebrating today.
So I just paid off $286,000 in student loans.
Holy crap. $286,000 for pharmacy school? You did most of this quite recently.
The bulk of the payoff was 215 in about a year and a half.
215 in a year and a half sounds kind of impossible. How did you do that?
Going from my previous job to the one I have now was about a 50k difference in pay. And then working retail evenings and weekends on the side was really the biggest factor because I made up a big chunk of that doing the CBS work, too. So that was that was really helpful for me.
So the way you did this was by doubling your income?