The Debt Snowball Method of Getting Out of Debt Fast. The bad news is many people are deep in debt, but the good news is that paying off debt is not just an abstract idea or a distant fantasy.

How her student loan debt began. At the start of my college journey, I remember taking out a $5,000 to $10,000 loan. And then ultimately, I ended up signing up for a $20,000 loan, which ballooned ...