How I paid off $100k+ in student loans in less than ONE year | Student loan debt

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  • Опубліковано 5 чер 2024
  • Hi friends, in this video, I share how I paid my business school loans (more than $100k) in less than a year. I share a few tips that helped me through that journey.
    You can check Prodigy Finance here: bit.ly/3HfelCj
    Watch this video about how to pay back student loans: • The BEST Strategy for ...
    If you don’t have enough cash for proof of funds, you can use a sponsorship letter. Watch how that works here: • How to pay for college...
    You can check out other funding videos here: • GRAD SCHOOL FUNDING
    My Yale graduation story (chit chat): • STORY TIME | A VERY CR...
    If you’d like to get application and funding tips for grad school, join my mailing gang here. I promise not to spam you 😊
    Join my mailing list here: bit.ly/3IOhOYB
    Join me on Instagram: / doyindoccom

КОМЕНТАРІ • 85

  • @orjijames2998
    @orjijames2998 Рік тому +5

    You have a laser focus. Mindset is everything.

  • @henryugochukwu8398
    @henryugochukwu8398 Рік тому +2

    Thank you so much for this Doyin. Super helpful.

  • @tracygarner5912
    @tracygarner5912 Рік тому +21

    Not all companies offer stock, sign on bonus, nor bonuses. If I sent every penny I take home to Aidvantage I still can't payoff 100k in 12 months.

  • @silasonugha6371
    @silasonugha6371 Рік тому +3

    You are really helping most of us here , God bless you .

  • @ayodelesalaudeen1301
    @ayodelesalaudeen1301 10 місяців тому +1

    Thank you for this eye opening message. It’s really helpful

  • @leyeram
    @leyeram Рік тому +2

    Hi Doyin, keep being you and educate more..... you are soo real👍

  • @XX-fn2wj
    @XX-fn2wj Рік тому +18

    Congratulations! However the entire video is basically saying that you were able to pay off the debt because you got a very high paying job- which is great, but not relatable for most of us. Most people don't make 100k in a year. I think the moral to the story may be for folks to NOT take out large loans unless they are pretty sure they have the connections to acquire a great paying job like you have.

  • @SAIZAMAIZE
    @SAIZAMAIZE 10 місяців тому +1

    From all you said; You are just a disciplined person.

  • @habibaikediobi5121
    @habibaikediobi5121 Рік тому +2

    You snow balled the debt. Awesome.

  • @faisalhudu7679
    @faisalhudu7679 Рік тому

    Great video! very informative

  • @coachishaaq
    @coachishaaq Рік тому

    I just subscribed.....that's for sharing this information

  • @jimmusanya8463
    @jimmusanya8463 Рік тому

    Helpful information.

  • @madeenahuthman7601
    @madeenahuthman7601 Рік тому

    I just love you dear Doyin.... You're so real.

  • @tots-fears
    @tots-fears Рік тому +3

    Hi Doyin. Can you do a video on how you secured a job right before graduating? I just got admitted into MS management at Massachusetts.

  • @millicentankyeraah
    @millicentankyeraah Рік тому +6

    How did you explain your home ties after presenting a student loan letter?

  • @opeyemitemenu9981
    @opeyemitemenu9981 Рік тому +2

    Please share your excel. How many % of one's income should one dedicate to the repayment of high-interest student loans. Please break this down in a video. My notification is on.
    Thanks for sharing this.

  • @umarabdulwahab3776
    @umarabdulwahab3776 Рік тому +10

    Hi Doyin. Your videos are eye openers, gives hopes, warning and the information are invaluable. Thank you. I just got a loan for my program in the US starting by January. I'm currently waiting for my i20. Thank you Doyin

    • @Doyindoccom
      @Doyindoccom  Рік тому

      Congrats. I'd love to learn more about your student loan application journey. let me know if youre willing to share

    • @monsieurjulian
      @monsieurjulian Рік тому +2

      Hi doyin when going to the visa officer how does one convince the visa consular on how they are going to pay back so as to grant the visa

    • @odewoleabdul-jemeel8859
      @odewoleabdul-jemeel8859 Рік тому

      @umarabdulwahab3776
      Which loan platform did you use?

    • @amafelly8546
      @amafelly8546 Рік тому

      Hello have you got the visa

  • @immanuelabiodun6215
    @immanuelabiodun6215 Рік тому

    Doyin please what Loan lenders did you use?

  • @silasonugha6371
    @silasonugha6371 Рік тому +2

    Can a graduate with low grade apply for this loan (Prodigy or Mpower)?

  • @emekarichard
    @emekarichard Рік тому +1

    Doyin thanks for your story paying off your loan. But I would like to know if a loan can be stopped if you’ve funding maybe from the government or you got a paying job that could cater for you study bills.

    • @johnsonajayi7846
      @johnsonajayi7846 Рік тому +5

      Yes as long as the loan has not been disbursed, even if it had been disbursed and not yet used, you can send it back, however, you will have to pay interest on the # of days that you have the loan.

  • @elvisnnaemeka6722
    @elvisnnaemeka6722 Рік тому

    Doyin, is there any disadvantage of taking student loans?

  • @madeenahuthman7601
    @madeenahuthman7601 Рік тому +8

    I can't help it, you're so real.this information is real life saver. I had always thought I couldn't get loans to go to grad school. Even though I'm looking at the UK, your info made me research more and I've seen one. The moment I get my offer, I'd kick it.. .... I'd talk with you in person one day. Hugs...

    • @Doyindoccom
      @Doyindoccom  Рік тому +1

      Thank you!

    • @mercyrobinson9153
      @mercyrobinson9153 Рік тому +1

      Please, which student loan is that
      I got an offer letter from Uk

    • @mariamajiboye1011
      @mariamajiboye1011 Рік тому +1

      Hey Madeenah. Could you share more information on how to go about loan application in UK schools?
      I would appreciate.

  • @frankmwenda40508
    @frankmwenda40508 Рік тому

    Thanks for this kind of in4

    • @toniafrancis7970
      @toniafrancis7970 Рік тому

      Hello Doyin, is it possible to still apply for a scholarship after getting a study loan?

  • @edagobobelieve1116
    @edagobobelieve1116 22 дні тому

    Talk about amortizing student loans. For example someone paying a large sum to quickly pay off their loan but the large sum is accumulated and kinda gives this person a room that once they miss any payment, their payment can be gotten from the accumulated amount. The draw back here is that without amortization, they get to pay an interest rate based on the initial amount borrowed and even when the total balance reduces, the interest is almost the same. So, the loan company suggested amortization of the loan but something doesn’t seem clear. Do you mind sharing your opinion on that. Thanks in advance

  • @johnsahel1662
    @johnsahel1662 Місяць тому

    If I took a student loan and had say a 10,000 imbursement today, with an interest rate of 16%, and I wanted to pay tomorrow, does it mean I pay the 10,000 plus the interest accrued on the 10,000 in that 1 day period?

  • @TalesOfUrhobo
    @TalesOfUrhobo Рік тому

    Thanks for the information but did you service the loan while schooling

  • @fijoikechukwu6654
    @fijoikechukwu6654 2 місяці тому

    Hi Doyin, please how can one navigate around having their visa application rejected because they intend to fund their program using a student loan? As a Nigerian, how do I explain my home ties and sound convincing that I do not intend to stay in the US after my education? I guess what I am driving at is this, what is the likelihood of getting my visa application accepted to study at a top school in the US with funding from student loans?

  • @SamsonAAasa
    @SamsonAAasa Рік тому

    Please do you know about a study loan for North Arizona university?
    I got an admission the only school that responded to my applications but I could not get the expected funds. Please how can I go about it?

    • @samuelhutton8836
      @samuelhutton8836 Рік тому

      Pls Doyin can you reacts to this message it's important to me

    • @Doyindoccom
      @Doyindoccom  Рік тому

      Which loan company have you tried?

  • @omogbolahanidowu5965
    @omogbolahanidowu5965 Рік тому +6

    This is such valuable information one may not get anywhere else. Not so many people share their struggles with paying back huge student loans.
    This is important information for the vast number of international students considering taking a huge loan. paying back isn't just as easy as they advertise the loans.
    An important point to note.
    You got a good job! what if that was not the case?
    Now the big question: Is the financial burden coupled with the immigration status burden as an international student really worth it after all?
    THANK YOU DOYIN FOR SPEAKING FROM THE HEART.

    • @Doyindoccom
      @Doyindoccom  Рік тому +6

      Thank you Omogbolahan. Yeah my job definitely helped me with paying back. I think it's important to really understand your chances of getting a job after graduation, before you take a loan. It is different for different programs. Some programs are more lucrative

    • @elizabetholusolaglory2527
      @elizabetholusolaglory2527 Рік тому +3

      @@Doyindoccom Babe, you didn't answer Gbolahan's second question. Is it worth it on the long run, loans, burden of immigration status?

  • @Ashley-mp2yw
    @Ashley-mp2yw Рік тому

    Hey, I want to apply to 3 colleges but each need proof of funds in the application, can I still apply for a loan without applying to a college, I'm very stressed about this as they say the can't process the application without proof of of funds

    • @datcatsavedme7071
      @datcatsavedme7071 Рік тому

      You can contact the admissions of the school you plan on attending and ask for a application fee waiver

  • @positiveattitude1695
    @positiveattitude1695 Рік тому

    This was helpful, but my school was not found in the list, what should i do

    • @charlesedozie9457
      @charlesedozie9457 Рік тому

      What list exactly sir? What loan company are you looking forward to using? Does it require a cosigner or collateral?

  • @strongmotivation2667
    @strongmotivation2667 Рік тому

    How do you request the university a part of your loan to cover your living expenses

    • @Doyindoccom
      @Doyindoccom  Рік тому +2

      Covered this in a recent video. Check my loan Q&A videos

    • @princekalasuwei
      @princekalasuwei 11 місяців тому

      Thank you for the insightful video. Please what are the most suitable repayment plans when applying for a visa?

  • @oluwagbengaobanleowo722
    @oluwagbengaobanleowo722 Рік тому

    Can someone use loan to secure a visa

  • @stellaehindero5402
    @stellaehindero5402 Рік тому

    Hi Doyin, can you help us apply for these loans and secure it? You have the technical know how. We need help

    • @Doyindoccom
      @Doyindoccom  Рік тому +4

      You have to apply yourself. I can do videos to explain the step by step process soon

  • @offcampushostels9945
    @offcampushostels9945 Рік тому +3

    You didn't share much dear, how much was the total amount interest plus principal? How much was sign up bonus? What consulting are you doing? What's the name of your company? All these will help us to take decisions

  • @kingmega6165
    @kingmega6165 2 місяці тому

    New York

  • @kelvinaagboada4530
    @kelvinaagboada4530 Рік тому +2

    Can you assist with loan bodies in Canada? For international students

  • @onyiugwunwa2328
    @onyiugwunwa2328 11 місяців тому

    Please how do I get loan to study nursing at charles Darwin University Australia.
    Please help me, send me some loan companies

  • @rachealkigozi4353
    @rachealkigozi4353 Рік тому

    Is it possible to pay back a 70k loan with Co-op payment?

  • @tijaniabdulrazaqlaide2562
    @tijaniabdulrazaqlaide2562 Рік тому

    Pls can i get student loan to study in Australia

  • @njidekaonuorah7099
    @njidekaonuorah7099 Рік тому

    Can you Give me loan company that works in Ireland pls

  • @indrajitghosh4415
    @indrajitghosh4415 Рік тому

    Hey , how you managed to pay the interest during the course ?

    • @Doyindoccom
      @Doyindoccom  Рік тому +3

      I didn't pay while I was in school. I started paying once I graduated, even though interest accrued while I was in school

  • @alexpiper1115
    @alexpiper1115 Рік тому +1

    i thought it was a serve for me to pay off 25K in 2 1/2 years.

  • @queennoel1216
    @queennoel1216 Рік тому

    Please share your excel

  • @hajabalubaion626
    @hajabalubaion626 2 місяці тому

    If I succeed I will like to talk to you one and one conversation

  • @nnaemekacephas874
    @nnaemekacephas874 3 місяці тому

    What do you think about taking $100k for a master's degree in Data science at 14%?

    • @nnaemekacephas874
      @nnaemekacephas874 3 місяці тому

      And is there a video where you explain these interests?

    • @nnaemekacephas874
      @nnaemekacephas874 3 місяці тому

      How many percent is considered high interest? And the interest is it per year or month?

    • @nabodimma
      @nabodimma 2 місяці тому

      14% on what terms? Yearly? Also is interest being accrued daily?

  • @huhu6759
    @huhu6759 Рік тому

    stop telling us lies about paying 100000usd loan. how?

  • @user-im2db6bj3x
    @user-im2db6bj3x 2 місяці тому

    In your current content you said you got sponsorship stop misleading people

    • @Doyindoccom
      @Doyindoccom  Місяць тому

      All the best! Wishing you joy and peace!

  • @ihama99
    @ihama99 Рік тому +1

    You didn't get cash. You got a a check or direct deposit into your account. When you say cash, it sounds like they put raw cash in your hands

  • @TRPTV22
    @TRPTV22 Рік тому

    I Doyin recently gained admission to the University of Portsmouth to study MSc Sports Performance, but I'm kind of having a funds challenge. Which company do you know can help me student Loan? i really don't want to miss this opportunity, cause it ismy second time of gaining admission.

    • @Doyindoccom
      @Doyindoccom  Рік тому

      Which loan options have you tried?

    • @TRPTV22
      @TRPTV22 Рік тому

      @@Doyindoccom I don't know any for UK universities, the ones I'm seeing are for US universities

  • @sethamtsberg2609
    @sethamtsberg2609 10 місяців тому

    Liar

  • @tajudeenadekola9838
    @tajudeenadekola9838 Рік тому

    Hi Doyin, thanks for all the informations, please do you have any telegram channel?
    Because I saw one under a video of yours I watched which I joined and when I chatted the person I was told to pay a 200 dollars consultancy fee and that she's going to help me get the loan without me getting involved... I just want to be sure if it's really you. Thanks

  • @MindfulLife4U
    @MindfulLife4U Рік тому

    On qourom, they're asking me for mobile number, tried inserting my Nigerian number but it's not working.

  • @kaylamcleod1164
    @kaylamcleod1164 Рік тому

    Thanks for sharing this info. I’ve sent you a dm on instagram do you mind checking it up?

    • @Doyindoccom
      @Doyindoccom  Рік тому

      I don't think I saw your message. Can you resend?

    • @tchanousaustene9827
      @tchanousaustene9827 Рік тому

      Hi Doyin.
      Let me have your insta.
      I have some particular assistance