How to Pay Off Student Loans Faster

[et_pb_section fb_built=”1″ custom_padding_last_edited=”on|phone” _builder_version=”3.17.6″ background_position=”top_center” custom_padding=”160px||” custom_padding_tablet=”100px||” custom_padding_phone=”50px||” hover_enabled=”0″ background_color=”#485cc7″ bottom_divider_style=”curve2″ custom_css_main_element=”z-index:110;” next_background_color=”#ffffff”][et_pb_row _builder_version=”3.17.6″][et_pb_column type=”4_4″ _builder_version=”3.17.6″ parallax=”off” parallax_method=”on”][et_pb_post_title meta=”off” featured_image=”off” _builder_version=”3.17.6″ title_font=”Montserrat||||||||” title_text_align=”center” title_font_size=”73px” title_font_size_tablet=”50px” title_font_size_phone=”40px” title_font_size_last_edited=”on|phone” meta_font=”Montserrat||||||||” meta_text_align=”center” meta_text_color=”#96b2ff ” meta_font_size=”18px” meta_line_height=”3em” title_text_color=”#ffffff”][/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”3.17.6″ custom_padding=”0px||0px||true” custom_css_main_element=”z-index:10;”][et_pb_row custom_padding=”0px||0px” _builder_version=”3.17.6″][et_pb_column type=”4_4″ _builder_version=”3.17.6″ parallax=”off” parallax_method=”on”][et_pb_post_title title=”off” meta=”off” _builder_version=”3.17.6″ title_font=”Montserrat||||||||” title_text_align=”center” title_font_size=”73px” title_font_size_tablet=”50px” title_font_size_phone=”40px” title_font_size_last_edited=”on|phone” meta_font=”Montserrat||||||||” meta_text_align=”center” meta_text_color=”#96b2ff ” meta_font_size=”18px” meta_line_height=”3em” custom_padding=”0px||” custom_margin=”40px||”][/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”3.17.6″ background_image=”https://www.chipper.app/wp-content/uploads/2018/11/divi-blog-post-styles-body-3.jpg” background_size=”initial” background_position=”top_center” background_repeat=”space” custom_padding=”0px||”][et_pb_row custom_padding=”0px||0px” _builder_version=”3.17.6″ background_color=”rgba(255,255,255,0.85)”][et_pb_column type=”4_4″ _builder_version=”3.17.6″ parallax=”off” parallax_method=”on”][et_pb_text _builder_version=”3.17.6″ text_font=”||||||||” text_font_size=”21px” text_font_size_tablet=”18px” text_font_size_phone=”15px” text_font_size_last_edited=”on|desktop” text_line_height=”1.8em” header_font=”Montserrat||||||||” header_2_font=”Montserrat||||||||” header_2_font_size=”46px” header_2_font_size_tablet=”40px” header_2_font_size_phone=”30px” header_2_font_size_last_edited=”on|desktop” header_2_line_height=”1.5em” box_shadow_style=”preset1″ custom_padding=”80px|80px|80px|80px||true” custom_padding_tablet=”|40px||40px||true” custom_padding_phone=”|30px||30px||true” custom_padding_last_edited=”on|desktop”]Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.

Heading

Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.

Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.

Heading

Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.

Heading

Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.
Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row custom_padding=”0px||0px||true” _builder_version=”3.17.6″][et_pb_column type=”4_4″ _builder_version=”3.17.6″ parallax=”off” parallax_method=”on”][et_pb_signup layout=”top_bottom” first_name_field=”off” last_name_field=”off” title=”Stay in Touch!” description=”

Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.

” _builder_version=”3.17.6″ header_font=”Montserrat||||||||” header_font_size=”54px” header_font_size_tablet=”40px” header_font_size_phone=”35px” header_font_size_last_edited=”on|desktop” header_line_height=”1.6em” background_color=”#d999ff” use_background_color_gradient=”on” background_color_gradient_start=”#d999ff” background_color_gradient_end=” #357ff4″ background_color_gradient_direction=”144deg” custom_button=”on” button_border_width=”0px” button_border_radius=”0px” button_font=”||||on||||double” button_use_icon=”off” button_text_size_last_edited=”off|desktop” text_orientation=”center” custom_padding=”100px|300px|100px|300px|true|true” custom_padding_tablet=”|50px||50px||true” custom_padding_last_edited=”on|desktop”][/et_pb_signup][/et_pb_column][/et_pb_row][/et_pb_section]

Whether you just came out of forbearance or you’ve been chipping away at your student loans debt for years, you have got to be wondering… is there a better way to get this done? In a world where we try to optimize everything from macros, exercise, productivity and more, it’s only natural to want to do the same for your finances. But, student loan debt can feel like being stuck between a rock the size of Mars and another rock the size of Venus.

We get it and we’re here to help. Here’s our definitive list of way to pay student loans faster!

Get Crafty with Your Saving Strategies

Treat paying off your student loan debt like a business. Let’s call it I’m Debt Free LLC. Start a separate bank account and automatically transfer a percentage of your salary to that account each month. This will keep you from falling into the trap of making the minimum payment until you’re old and gray.

2) Refinance

This option isn’t available to all, but if it is to you, it’s certainly something to consider. If you have a good credit history, you may be able to use a service like SoFi to refinance your student loans at a lower interest rate.

3) Chipper (duh, you knew that was coming)

What can we say about Chipper that hasn’t already been said about NASA?

…..just kidding.

But, it is true that Chipper is innovative. Not only does the average Chipper user save $6,200 and over 4 years of repayment by rounding up daily transactions, we’re also building ways to allow your family to chip in because we know they want to. There hasn’t been a way to do that, but it’s coming. Start chipping away now so you can live your best life.

4) Socialize the issue

Let’s be real, debt is no fun to talk about. At least it isn’t for now. But if we want the status quo to change, we have to use our collective voice. Talk to your friends about the issue. Pay attention to local, state, and national elections and ask, “where does this candidate stand on education?”

Chipper is committed to humanizing debt so you don’t feel like crawling in hole every time you get a message from your student loan provider.

5) Jobs that lend a hand

Corporate perks are so hot right now. It’s long been known that military service and working for the federal government means a helping hand when it comes to paying for school. These are great options if you feel called!

But for those of you on the job hunt for something else, be sure to ask prospective employers about student debt assistance programs. As a way to attract awesome talent (like yourself), some companies offer a percentage of salary or even matching programs to help you pay off student loans faster.

6) Side hustle your heart away

We thoroughly disagree with anyone who says there’s something wrong with a side hustle. If you have a car, why not drive for Lyft or Uber during peak times or even just a weekend when there’s a festival in your town? You could bike around the city delivering for Postmates and get your fitness in at the same time. If you love taking spin classes, why not work the front desk? You’ll likely get an hourly wage and get to workout for free — two birds, one stone, my friend.

Paying off student loans faster requires craftiness and we know you’ve got it. Afterall, you went to college! You got it.

7) Lump sum payments

This is like Christmas, but for the federal government. As tempting as it may be to buy some new sneakers when your Grandma slides you a fifty for your birthday, this money is probably better used to pay your student loans faster.
Other good options include income tax time (if you get a return), Christmas or Hanukkah, or even earning money back on purchases from credit cards or cool companies like Dosh.