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Review of qualifications...

 
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amalik99



Joined: 19 Jan 2006
Posts: 6
Location: Colorado, US

PostPosted: Tue Jan 24, 2006 4:04 pm    Post subject: Review of qualifications... Reply with quote

Hello, my fiance and I are interested in teaching ESL overseas. We are 23, with college degrees in History and Anthropology/Spanish respectively. I have studied in Mexico, have good Spanish skills, He speaks intermediate Armenian and Turkish. We both have 3 years of assistant teaching (as TAs and student teachers at private schools) and tutoring experience. I currently work as the director of tutoring at a public high school and he is an ESL tutor at the same school. We are registered for CELTA in the spring. Neither of us have outstanding debts, just a student loans payments.
We are interested in teaching in Spain, Italy, Thailand, Chile or Argentina becuase since those countries fit our language interests (except Thailand, but it just seems interesting. Both of us have lived overseas before, and are fine with a lower standard of living but we do want to make sure we have enough to live on and get back to the US.
I know this is a long email, but it would be so helpful if someone could give us any suggestions/warnings/things to look for/ideas for two people in our position and with our background....hope to hear from someone!
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denise



Joined: 23 Apr 2003
Posts: 3419
Location: finally home-ish

PostPosted: Tue Jan 24, 2006 7:10 pm    Post subject: Reply with quote

Spain and Italy (or at least the legal jobs there!) require EU passports.

Regarding your loans--how much does each of you need to send back every month? Even if it`s only a couple hundred dollars, it will be difficult in the places you`ve mentione. Chile and Argentina may be the most developed South American nations, but even there the salaries won`t really provide savings. I make about $700/month in Peru (you can get a few hundred more in Chile, but from what I`ve heard less in Argentina), and you can live quite comfortably on that, but you shouldn`t count on having too much left over for Western loans/expenses.

Sorry to be so negative. Good luck, really!

d
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Justin Trullinger



Joined: 28 Jan 2005
Posts: 3110
Location: Seoul, South Korea and Myanmar for a bit

PostPosted: Tue Jan 24, 2006 7:29 pm    Post subject: Reply with quote

Quote:
Neither of us have outstanding debts, just a student loans payments.


I'm a little confused. A student loan isn't a debt? But I guess I never felt mine were exactly outstanding.

A word of advice on this, though. Defer. Defer. Defer. On the salary of an EFL teacher abroad, you should be elegible for a hardship/poverty deferral. If you're only planning on a year or so, this may be the easiest way to go.

If you're planning on being abroad longterm, the best idea may be to work like a slave for a bit, and pay them off before you go.

Alternatively, consolidate them all, and get the payments as low as humany possible. I know, you'll be paying them forever. But if you want to go abroad, now, for a long time, it may be the only way. I've know a lot of people who "wanted" to go into EFL, but "had to" earn enough to make first world loan payments. This limits your options for countries rather sharply.

Regards,
Justin
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amalik99



Joined: 19 Jan 2006
Posts: 6
Location: Colorado, US

PostPosted: Wed Jan 25, 2006 3:22 am    Post subject: Reply with quote

by "outstanding debt" I meant no morgages, no credit cards, no medical bills.
How long can you defer a student loan for hardship/poverty? My loans are consolidated, I pay $140.00 a month.
We would like to teach for two years, max.
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Gordon



Joined: 28 Jan 2003
Posts: 5309
Location: Japan

PostPosted: Wed Jan 25, 2006 3:27 am    Post subject: Reply with quote

You may want to look into teaching in Korea, Taiwan or Japan. Your debts will easily be paid. When I was single, I saved over $20,000 US in one year in Korea. Mind you the Korean won was much stronger then, but you still should be able to save over $1,000/month each.
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denise



Joined: 23 Apr 2003
Posts: 3419
Location: finally home-ish

PostPosted: Wed Jan 25, 2006 1:02 pm    Post subject: Reply with quote

$140 should be manageable. Just make sure you figure out how to transfer money back home--best to get something set up before you leave! Having your loan payments automatically deducted every month is really easy to do. What may take a bit more planning is getting a bank account set up in whichever country you choose, or getting their currency deposited into your account in the US.

d
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Justin Trullinger



Joined: 28 Jan 2005
Posts: 3110
Location: Seoul, South Korea and Myanmar for a bit

PostPosted: Thu Jan 26, 2006 6:12 pm    Post subject: Reply with quote

$140 sounds awfully good- you may be able to manage that from a lot of places in the world.

You can defer for economic hardship or poverty practically without limit, but past a certain point, interest continues to accrue. This is not good. If you're considering this option, check with your loan holder.

Justin
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