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I paid off ~65K in student debt in one year (first year as a developer)... it's totally doable, especially in the USA.
by anon7331 3y ago
I paid off ~65K in student debt in one year (first year as a developer)... it's totally doable, especially in the USA.
- yurishimo 3y agoI wouldn't say 65k per year is doable for _most people_. It's easy to forget how privileged we are with developer salaries. Most people end school with student loan amounts roughly to one year's salary. Assuming you pay 25% of your income towards the loans, that's still a 3-5 year payoff assuming raises and low inflation. Congratulations on your achievement though! Being debt free is not normal anymore and it comes with a surprising amount benefits in other areas of your life.
- dragonwriter 3y agoThe average starting salary for a college graduate in the USA is less than that, and most graduates have non-negative other costs, so, no, your outlier description is not representative of what is doable generally in the USA.