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Updated over 10 years ago, 06/18/2014
Living in a trailer to pay off student loans
Hello All -
I am at a crossroads and wanted to get your opinions…
My situation: I graduated 3 years ago with $65,000 in student loan debt and have since narrowed that down to $35,000. I'm sick and tired of paying student loans / living in debt. Never again will I take out a loan.
In order to pay off these loans the quickest, I've contemplated swallowing my pride, accepting the ridicule, and buying / renting a trailer so my monthly living expenses are minimal. Thusly, reducing my student loan debt very quickly.
For anyone who is experienced with trailers, would it make more sense for me to just buy one outright or rent one?
Any information is helpful.
Thanks!