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This College Student Built A Tiny Home So He Could Live Debt Free (4 pics)

Category: Pics |
7 Jul, 2015 |
Views: 5412 |
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This student from the University of Texas didn't want to spend the rest of his life paying student loans off. He built himself a tiny home that so that it will be cheap for him to live. This puts him on the fast track to paying off his student loans and being debt free.

This College Student Built A Tiny Home So He Could Live Debt Free (4 pics)

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№1 Author: capt.huffnpuff (7 Jul 2015 02:20) Total user comments: 2802

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The key phrase is "student loans" which outweigh the cost of housing many times over.

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№2 Author: caliburc (7 Jul 2015 04:16) Total user comments: 168

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Quote: capt.huffnpuff

The key phrase is "student loans" which outweigh the cost of housing many times over.

Average price of home in the U.S. = $188,900 (~$875/m over 30 years)
Average studen loan debt = ~$25,000-$30,000 (~$280/m over 10 years)
Depending on interest rates.

How exactly does a student loan cost more than housing?

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№3 Author: FunGuy (7 Jul 2015 06:42) Total user comments: 594

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where does he ge to park for free?

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№4 Author: Tomaz86 (7 Jul 2015 16:03) Total user comments: 10835

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Seems nice.

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№5 Author: SheepsInn (7 Jul 2015 17:35) Total user comments: 931

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Well done

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№6 Author: Phynix4 (7 Jul 2015 22:27) Total user comments: 5461

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housing depends upon the demographics he lives in, regardless of "average price" quoted. Being a home owner myself, that "average" is subject to a lot of debate.

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№7 Author: bigdaddy2013 (21 Jul 2015 19:36) Total user comments: 712