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My One Year Student Loan Payoff Update

  January 28, 2022 marked my one year anniversary of paying off my student loans . Reflecting back on choosing to pay off my student loans leaves me with several take a ways that I want to share with you! In September 2020 I decided to become debt free by utilizing the debt snowball method to pay off all my debt. Before this I had struggled to save and really understand basic financial principles. As a first-generation college student, I received a scholarship to attend undergrad for free, but the scholarship did not cover summers. During the summers I took out student loans to cover costs without paying interest rates or how much I was taking out. By the end of undergrad I had amassed a little under $17K. Fast forward to graduate school I received another scholarship that covered my education. At the time I was a teacher in a new very expensive city and I had missed the cutoff to have my paycheck last me throughout the summer. So, I decided to take out a loan for two summers to keep

Working for Campus Housing

 

I recently had a colleague who worked in campus housing for several years before transitioning to a new position. When I first met him and learned that he lived and worked on campus my initial thoughts were why would anyone would want to live where they work?!  I remember my experiences of living on campus in undergrad and although it was fun, it was pretty hectic at times. I actually had to teach my first roommate how to wash clothes! In addition to her boyfriend staying in our room for an extended period of time. I almost assumed that he would be subject to the same things but I was totally wrong.

 

Figure 1: This is a thumbnail of my latest YouTube video “Working for Campus Housing” where there is a photo of me looking at the camera and a photo of a dorm room on a pink background.”

Working in Residential Life has many perks that include a meal plan, no rent, a grocery allowance, and/or a tuition stipend if you choose to take courses. Imagine all the things that you could do if you did not have to pay rent. I know I personally would be debt free by the end of the year! I actually went into my colleague’s room and was surprised to see that it was a full four-bedroom apartment. I mean there was a full size fridge, tub, everything that you would see in a typical apartment without the rent included.

Figure 2: This is a photo of a dorm room with two bunk beds with hanging lights, orange plush round seats, with a blue futon, black fridge, and blue curtains.

I’m sure I’ve peaked some of your interests with this blog but keep in mind anybody can’t just apply to work in housing. You need to have some experience in Residential Life and meet the general requirements of the job. I mean they don’t just give a free apartment to anybody. In addition, it does come with some woes like being on call, mediating student disagreements, and work life balance issues. With all that being said, would you be interested in working for residential life? I admit it crossed my mind but I need my own space outside of my employment. Let me know if you’re someone who has chosen this career path or if you’re interested by dropping down in the comments. Also, be sure to check out my latest video below!

 

Figure 3: This is a sign that says “Apply Here” on a green background.

 

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