How a YouTuber paid off over $200,000 in student loans in under 2 years
Erika Kullberg graduated from Georgetown Law with $225,526 in student loans and a well-paying job as a corporate lawyer.
But it wasn't until a few months after graduation that she realized the gravity of her debt and the importance of getting rid of it as soon as possible. Even with the good fortune of a well-paying job, the task of paying back over $200,000 in loans was both overwhelming and daunting. "For two years, I didn't buy any new clothing. That was probably what most people would consider the most extreme" choice she made, Kullberg told Business Insider.Points-only flying is common practice for travelers on a budget, and can mean thousands in dollars saved if you're a frequent flyer.
A key factor, she continued, was making sure that the new lifestyle of spending more for these luxuries didn't creep up on her.Kullberg told Business Insider that by refinancing her student loans, she saved thousands of dollars in the long run.
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