How to Make Extra Money to Pay Off Your Student Loans

Disclosure: This post may contain affiliate links, meaning I get a commission if you decide to make a purchase or sign up through my links, at no cost to you. Please read our disclaimer for more info.

Want to learn how to make money to pay off student loans? One of the best ways is to pick up a side hustle in order to pay off student loans. Here’s how.

Ever feel like it’s going to take a lifetime to repay your student loan?

…Well, you’re not the only one

The average person takes 21 years to repay their student loan. And with monthly payments of around $280, pockets can get a little tight.

But don’t give up hope just yet!

…Because now it’s easier than ever to boost your income online. Below you’ll discover smart ways to make money to pay off student loans.

They’re quick, free and they’ll turn your spare time into cash!

So let’s get started with legit ideas for you to learn how to make money to pay off student loans.

Skill Level: Basic

Sell Your Plasma

sell plasma near me

If you need money right now then you can earn it quickly by selling your plasma. Expect to earn from $25-$50 and you can likely get paid today. It takes around 30 minutes to sell plasma, but if you are a new donor, expect to wait even longer.

This is a great way to make money today. Once you do it once, it’ll be faster to do it the next time and you can start doing it two times every week. That’s an extra $400 a month.

Start a Podcast

how to start a podcast

Go get a microphone and you’re ready to give it a go.

If you can build an audience for your podcast, then you can make some money through sponsorships, affiliate advertising, and other offerings.

Companies regularly pay $250 to $500 for a 30-second advertisement on podcasts. Pssst… We also have a guide for guide to starting your podcast and how to profit.

There is money to be made with this money making idea.

Start a YouTube Channel

How Much Do YouTubers Make

Let’s face it, YouTubing is in. If you have ever considered creating a YouTube Channel in order to make money then listen up.

A YouTuber will earn commissions based on ad impressions coming from their videos. Imagine if your video gets 1,000 views and out of these views, 150 viewers completed watching the ad.

That means you have 150 paid views. 150 multiplied to $.18 equal $27 which will be charged to the advertiser. And, since you’ll get a commission of 68%, you’ll get $18 for every 1,000 views.

Overall, how much you’ll actually earn will depend on various factors including the location and demographics of your traffic source, niche of your video, type of ads displayed on your video, audience retention or whether or not the viewers have watched your videos till the end and the number of your channel subscribers among others.

It’s worth creating a channel if you think you can build an audience and the risk is low… only sacrificing your time.

Take Online Paid Surveys

survey junkie review

Taking online surveys to make extra money is a no-brainer!

You definitely won’t get rich or make hundreds of dollars per day with survey alone, but you won’t waste much time, and you can make some money the easy way.

Here is my favorite (and highest paying) survey site:

Survey Junkie: This is a free survey app for your phone that pays you to take online surveys, participate in focus groups, and try new products. And, I really mean free all around – free to join and they don’t charge anything to be a member (they will actually pay you in cash via PayPal). You can get a free registration bonus for free when you join through this link.

Survey Junkie
Price: FREE

Earn up to $3 per survey with one of the highest-paying survey sites on the web.

survey junkie

Get Paid for Playing Games

make money playing games

We all heard the old saying “Time is money” right?

Instead of playing games on your phone like everyone else and feeling bad for wasting your time — now you can get paid for it.

Getting paid for playing games sounds like a dream. But if you download a free new app, and then download games from it and play, you earn money.

As you level up you can earn more money for cash rewards or gift cards.

This is a great opportunity for those looking to get paid for something they enjoy, like winning free gift cards and cash for playing games. I use it and it is legit and has over 35,404 positive reviews in the Google Play store.

If you’re interested, I recommend you download the app from the Google Play store for free by clicking here.

Mistplay (Android Only)
Price: FREE

Earning money by playing games on your phone sounds like a dream. But Mistplay really pays you for playing new games with cash rewards.


Make Extra Money Driving

lyftIf you’re free nights and weekends, you can make money driving your fellow citizens around.

Becoming a Lyft driver is one of the best side hustles for men to earn extra money whenever it’s convenient for you.

A lot of people do this full time, so you can imagine that’s it definitely possible to do this on the side and make $100-$500 extra a week.

Right now they are conveniently offering a $1,000 driver bonus (guaranteed in all cities) which you can learn more about here.

Lyft currently has the best bonus for joining but there are other ways to earn with your car:

postmates logo
Make delivering with PostmatesOwn a car or bicycleGet Started Now >>

Lyft Details

  • Earn money on your own schedule
  • Download the free Postmates Fleet app for iOS or Android and come online whenever you want to make money

All Details and Full Review

  • Additional terms and conditions apply.
  • For more details see Postmates >
turo make moneyLet your car work for you by renting it outOwn a vehicleGet Started Now >>

Turo Details

  • Rent Out Your Car Only 5 Days a Month and Make $3,500 Every Year
  • Create a free listing with a few clicks.
  • Describe your car, upload some clean photos, and you’re ready to go.

All Details and Full Review

  • Additional terms and conditions apply.
  • For more details see Turo >
  • See full review for Turo >

Shop and Deliver with Instacart

Own a car, bike, scooter, or even shoes, and deliver whenever you wantGet Started Now >>

Instacart Shopper Details

  • Earn money by delivering the food people love, anytime it works for you.
  • Earn by cruising around town in your car.
  • Sign up today and earn good money.
  • Fast approval.

All Details and Full Review

  • Additional terms and conditions apply. For more details see Instacart >
doordash side hustle

 Become a DoorDasher Driver

Every completed delivery puts money in your pocketsGet Started Now >>

Dasher Details

  • Every completed delivery puts money in your pockets. No strings attached.
  • Fast approval process. Work when you want.
  • Use any car to deliver.
  • Get paid same day.
  • Bikes & Scooters Accepted.
  • Earn All Tips.
  • Easy Signup.

All Details and Full Review

  • Additional terms and conditions apply.
  • For more details see DoorDash >
  • See full review for DoorDash >

Skill Level: Intermediate

Sell Your Used Textbooks

Don’t leave money on the table. Selling your used textbooks at the campus bookstore during buyback is a sure way to throw money down the drain.

Not only will you be competing with thousands of students to get a measly few dollars for your book, but you will probably have to stand in line to boot!

Smart students buy and sell online using free websites that instantly will give you a cash offer for your used textbooks. Here are the best websites to sell textbooks online.


Fiverr is one of the world’s biggest online service marketplaces – with around a million purchases every month.

And I’d personally say it’s one of the best ways to start your own side hustle…

In fact, set-up a gig today and you could earn your first sale within 24 hours.

From asking someone to ‘scream loudly for 20 seconds’ to hiring a secret admirer,

it’s fun, quirky and brilliantly simple to use!

Here’s a few tips to get you started:

  • Sell Something You Can Deliver Fast: e.g. a PowerPoint template, a guide you’ve written, a voice-over.
  • The More Unique, the Better: Don’t copy everyone else. Pick a gig that really stands out from the crowd.
  • Extras/Packages Will Increase Your Profits: Upsell relevant extra services to make more money.
  • Optimize Your Gig: Want more sales? Then add a magnetic headline, description and profile pic to win more customers.

Write an eBook

Ever fancied writing a ebook?

…Being an author isn’t a big deal anymore – anyone can do it!

You see, it’s easier than ever to publish your own ebook via Amazon Kindle. It’s free, simple and you can sign up instantly online.

Your book doesn’t even have to be long – most of mine are just a few thousand words. That’s something you could write over a couple of weekends.

And once you’ve set up the book, your income is pretty much passive.

Simply write the ebook, publish it and as the sales come in, you can start repaying your student loan!

Ready to get started? There’s a great guide to writing eBooks here.

Freelance on UpWork

Freelancing on UpWork is the perfect way to land high paying clients…

And whatever your skills are, there’s a job for you!

Accountancy, copywriting, design, translating – you name it. Simply sign up, search for jobs and send a few proposals out.

This is the perfect side hustle because you have clients pretty much on demand.

If you want to land some high paying gigs, here’s a few tips:

  • Nail Your Job Proposals: Don’t bulk send proposals! Instead, take your time to fill out your proposals and really focus on demonstrating that you understand your client’s needs.
  • Niche Down: As a freelancer, you have to show clients that you’re the expert in your field – so don’t pick a skill that’s too broad! Choose a niche and stick to it e.g. sales video designer, resume specialist, sports journalist.
  • Get the Price Right: Most UpWork freelancers try to outprice their competitors – but that’s a HUGE mistake. Find clients that value your services and are willing to pay top dollar instead.
  • Optimize Your UpWork Profile: High paying clients want professional freelancers – prove you’re one of them! Upload a professional hi-res photo, writer a compelling description and add plenty of examples of your portfolio.

If you want to kickstart your UpWork success, there’s a ton of client winning tutorials here.

Skill level: Advanced

Online Tutoring

If you were the go-to person in college for doubt-clearing, you might have an excellent side-career as a tutor.

Due to the competition level, tutors are high in demand for STEM subjects.

Subject knowledge, a desire to teach and working internet connection is all you need to establish yourself as a tutor.

Here are a few sites that can help you set-up your online tutoring career:

Find Legitimate Online Jobs

If you wanted to find a legit way to learn how to make money to pay off student loans, why not consider online jobs that people are using now to make money on the side?

An estimated three percent of America’s workforce now consists of telecommuting employees or people who work from home, according to a survey conducted by FlexJobs.

How does an extra $1,000 a month sound? You can get there and discover the most lucrative online jobs and work from home jobs.

Import and Resell Overseas Products

sell t shirts online

Oberlo allows you to easily import products from AliExpress directly into your Shopify store and ship directly to your customers – in only a few clicks.

It’s very simple to open a shop on Shopify and drop ship items in order to create a business without too much risk.

You can literally start and set up a dropshipping business without any type of product in one afternoon with minimal risk as Shopify has a 14-day free trial and Oberlo is completely free.

Get Paid to Write Articles

Want to learn how to make money to pay off student loans? Have you considered writing articles for money?

Of course, you know it’s possible to get paid to write online.

You probably know that bloggers are making a killing by blogging and monetizing websites.

I did some research on sites that pay you to write articles and found a diamond in the rough. Brian did the hard work for you and found a writing site that pays daily. In this article, you’ll learn which one and also some tips for freelance writers.

Start Your Side Hustle Like A Boss

Now that you know my top ways to make money for repaying your student loan, it’s time to get cracking!

But remember:

If you want a profitable side hustle, you need to be consistent. Most people give up at the first hurdle.

…So please don’t do that!

Instead, stick with your side hustle, be persistent and never give up! It might take a while to earn a decent income but it’s 100% worth it.

Need some more tips on getting started? Drop a comment below and let us know.

If you wanted more ways on how to make money to pay off student loans, here’s my list of the best ways to make money online:

About the author

Julian Goldie
After escaping the corporate rat race, Julian Goldie now works online whilst traveling around the world. His blog - King Passive - delivers motivation and inspiration to boost your online income.


Please enter your comment!
Please enter your name here

On a similar note...

Explore More On