How to Pay Off Student Loans By Hosting Airbnb

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Looking to make $500 fast every week to pay off your student loans? If you’re serious about wanting to pay off your student loans faster, you need to have a plan of action that's more specific than just finding a cheaper apartment near your campus.

A bit of spare time and a spare room. That’s all you need to get started earning income by hosting Airbnb.

If you wanted a smart gig economy job to help you pay off your debt or student loans, you can find what you’re looking for on Airbnb.

You get to choose when and how often you host.

You can share a spare room in your apartment, host your whole home the next time you’re out of town, or create a listing for a vacation house, if you have one.

Airbnb is a money-making app that makes it simple to earn extra money by putting your extra space to work for you and your student loans.

How to get started?

Getting started with Airbnb

airbnbThe online process to create a listing is pretty quick and easy—you write descriptions of your space, upload photos, and mark dates your space is available to travelers.

And it’s always free to create a listing.

See, it's easy!

How much money can you really make?

So just how much could you make hosting on Airbnb?

Find out what hosts in your area are making by using Airbnb hosting calculator, and start imagining the possibilities of life without student loans.

Besides saving for travel, Airbnb hosts use their extra income to pay off student loans, upgrade their home, and pursue their passions.

Airbnb makes the payment process simple, too.

Guests are charged when a reservation is made, and funds are typically released to hosts 24 hours after check-in.

How you’re paid is up to you: You can set up direct deposit, PayPal, or a number of other options.

Host support

hosting airbnb

Once you’re a host, Airbnb has all kinds of cool tools to help you feel comfortable and confident welcoming guests.

You can find hosting tips on the Airbnb blog and get your questions answered by experienced, successful hosts in the Community Center.

Nervous about the safety of your home and belongings when you’re away?

Airbnb’s got your back: In the rare event an accident happens, your property is covered up to a million dollars when you host—it’s peace of mind for you at no extra charge.

And as for the folks staying at your place, everyone who travels on Airbnb needs to submit a profile photo and confirmed phone number and email address.

For extra assurance, you can also require your guests to submit a government-issued ID.

Hometown pride: Show off your city

Hosting can also help you show off what makes your city great.

Nothing’s more frustrating than meeting a visitor on the last day of their trip and hearing that they only saw the tourist haunts.

When you welcome travelers from around the world as a host on Airbnb, you get to introduce them to all that makes your neighborhood great—and drive more business to your favorite local mom-and-pop shops.

All while getting paid and beating those student loans.

Start hosting now, and you can start earning extra money toward a debt-free life without student debt.

Brian Meiggs
Brian Meiggs
Brian Meiggs helps you discover clever ways to pay off student loans, make extra money, save money, be resourceful and stay curious. With over 10 years of experience in the financial industry, Brian has developed a reputation for his in-depth knowledge and practical approach to personal finance. He holds a bachelor's degree in Finance and has been recognized by several industry organizations for his contributions to the field. Brian is passionate about educating people about personal finance and has been featured in several national media outlets, including Insider, AOL, Discover, and Yahoo! Finance. With his unique perspective and proven track record, Brian Meiggs is a trusted voice in the world of personal finance.