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How did this guy pay off 132K student loan 3 years?

Saw a video on youtube where guy shows he paid off 132K in student loans....How the heck did he do that in 3 years?????

http://youtu.be/hEqEYtYDXyk

Not sure if anybody has seen it, scam??

1 Answer

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  • Shay
    Lv 7
    7 years ago
    Favorite Answer

    He didn't mention what his income was. He didn't mention if he lived with his parents. My guess would be that he had a good job paying good income but decided to live with his parents for a few more years in order to use most of his income toward his loans instead of needing to pay rent and utilities. Also, I am guessing that 132K would have been total cost if he had paid them out for the ten years including interest. He may have gotten some discounts not disclosed in that video by paying off early. (interest saved.....)

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