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for those of us without a trust fund

 
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mparent85



Joined: 05 Mar 2009
Posts: 2

PostPosted: Fri Mar 06, 2009 6:44 am    Post subject: for those of us without a trust fund Reply with quote

For those of you that taught abroad with college loans to pay back, any advice on which countries were easier to wire money back from? Places that allowed you to save a little more for that matter? Lower cost of living? Visas that didn't require a border run 90 days or so?
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spiral78



Joined: 05 Apr 2004
Posts: 11534
Location: On a Short Leash

PostPosted: Fri Mar 06, 2009 6:54 am    Post subject: Reply with quote

Not Europe.
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jpvanderwerf2001



Joined: 02 Oct 2003
Posts: 1117
Location: New York

PostPosted: Fri Mar 06, 2009 10:04 am    Post subject: Reply with quote

It seems that the Middle East, Korea (South, that is), Japan and perhaps Vietnam might fit the bill. Depends on how much that student loan payment is, your lifestyle, your qualifications, what interests you, and myriad other factors.
Good luck!
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GambateBingBangBOOM



Joined: 04 Nov 2003
Posts: 2021
Location: Japan

PostPosted: Fri Mar 06, 2009 11:32 am    Post subject: Reply with quote

Unless that student debt was for a graduate degree (probably in Applied Linguistics or TESOL) then standard wisdom says to take the Middle East off of that list.

The three biggies for making money (as a newbie) are:

Korea
Taiwan
Japan

The JET program is still the easiest way to pay off student loans- especially if you are out in a rural setting (and most JETs are) because there will be very little to actually spend you money on (except telephone calls home). Outside of the JET program, salaries are dropping and so other than for people who live in very rural areas, Japan isn't really a place to go for paying off debts as a newbie all that much any more.
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denise



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

PostPosted: Fri Mar 06, 2009 1:13 pm    Post subject: Reply with quote

GambateBingBangBOOM wrote:
Unless that student debt was for a graduate degree (probably in Applied Linguistics or TESOL) then standard wisdom says to take the Middle East off of that list.



Generally, yes, although there are jobs available in Oman for people without MAs. (BA + certificate + experience) The salary of course won't be quite as high, but still high enough to save money. Visas are sorted out for you, and as long as you get your accommodation provided (NOT a housing allowance, which doesn't go very far), the cost of living isn't too high.

d
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