r/StudentLoans•
oemperador

How would you pay off 22k in student loans?

Advice

I will try to be as concise and clear as possible. I don't want advice on finance nor anything else aside from the how you'd attack the student loan monster.

After all expenses (already lean and cannot be smaller), I have 1,200/mo left. This is the amount that I need to use to save for:

  • a down payment for a primary home,
  • get ready for a baby in 2-3 years,
  • save a larger emergency fund (have 3 months but want 6 months worth),
  • and any vacation or fun outside of the casual beer or meal out in a normal month.

Credit card debt 2k

Student loans 22k

How would you tackle the student loan elephant in the room? Aggressive af until done and live extreme frugal until done? What percentage or amounts would you allocate to each thing I listed? What would be some of your feelings or thoughts if this was your situation? I just feel like I can't do it all and save for each thing while simultaneously kill the SLs. Any tip or advice on the student loan or allocation of the 1,200 will be greatly appreciated! Thank you all.

Posted Mar 12, 2025, 7:53 PM UTC

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