Wednesday, July 7, 2010

Guest Submission: Think of Ways to Pay Your Loans

Today we have a guest submission from Benito Mario over at My Debtor's Prison blog. 


Here are 10 simple ways to get out of your crushing student loan debt

1) Take out a commercial loan upon which you can default and pay your student loans - what's seven years of bad credit?

2) Move-in with relatives - doesn't have to be your mother, but I would start there

3) Sell your car - yeah your car's a piece of shit, but this is more to save on maintenance and insurance than the $400 for the rusty shell in which you lost your virginity

4) Move-in with rent-paying sig. other - Pretend you're a doctor.  This is just until the loans are paid off then (if you're still together) you'll step up and be the bread winner.

5) Dump non-rent paying sig. other - And also generally purge the leaches and sycophants from your life

6) Get a second job.  This is more to save on money you would spend in your free-time

7) Sell your TV - again nobody wants your piece of shit TV.  But cable is expensive like a motherfucker and if you've got a computer and an internet connection...ever heard of hulu?

8) Medical Experiments - some even involve alchohol!

9) Sue your law school - hey, they materially misrepresented the value of the degree you just paid good money for.

10) Visit www.mydebtorsprison.com for the latest schemes, commentary and tips regarding student debt

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