student pays off loan in cash

Alex Kenjeev: Paid Off $114,460 Of Student Loans In Cash

Who loves student loans!!! Anyone… anyone at all? Didn’t think so. Well Alex Kenjeev did like them either. Who’s Alex Kenjeev you ask?

Enter Alex Kenjeev

Alex Kenjeev is just your everyday average BAMF. Alex in 2009 graduate from the University of Toronto with his law degree (first bad ass accomplishment). Alex Kenjeev’s second bad ass achievement happened last week.

student pays off loan in cash

What did Alex Kenjeev do?

Nothing much, just paid off his remaining $114,460 in student loan debt in one lump sum.

Attention was drawn to the incident when a photo was posted on Reddit of the receipt from the transaction, showing that $114,460 had been paid in cash to the bank to settle the debt.

paying off student loans in cash

Why did Alex Kenjeev pay in cash?

Well one because he is a boss! and two because according to Alex, He thought it would be funny.

“It was stressful enough to carry such a big debt load. I thought it would be worth getting a few laughs out of it,” Kenjeev said. “Neither bank thought it was as funny as I thought it was.”

Alex Kenjeev

 

In fact, neither bank seemed equipped to handle this amount of cash. It took Alex three days to get the cash from RBC, and then when he brought the canvas bag full of bills to Scotiabank, they initially didn’t want to accept the cash.

 

Eventually managers straightened it out after a couple of hours and Kenjeev was given his receipt. He posted it on Facebook, but he has no idea who posted the image on Reddit.

 

 

 

Feel Free to Tweet Alex Kenjeev

@akenjeev  

Maximillian Garland| Bright Futura Columnist

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10 Comments on “Alex Kenjeev: Paid Off $114,460 Of Student Loans In Cash

  1. Hi, I'm working as a student loan adviser and I'd like to add a little bit. Many students find that they need to borrow money to cover college costs. Luckily, student loans often provide good deals, and financial aid officers can help with this process. First of all, you'll have a lot of decisions to make once you get your financial aid award letters. Assess your financial aid packages by comparing offers and reading the fine print. thanks~ Rache Roy

  2. The easiest thing is it is possible to extend the reimbursement term as per

    your convenience but because of it you may have to pay for a certain price for the lender.

    It isn’t always easy to tell which services are direct lenders, and it is not necessarily simple to tell those that are respected and trustworthy.

  3. As many a student knows too well, in the “harsh, cold world” of rising tuition fees barring the good fortune of a Kenjeev-style grocery bag.

  4. Advantageously, the article is really the best on this notable topic. I harmonize with your conclusions and will thirstily look forward to your approaching updates. Regards and wishes. God Speed

  5. Hey, I feel so lucky for not having any student debt, and I am so angered that many of my peers have to be burdened by these huge debts just when they are suppose to start their lives, especially now when jobs are hard to find, and those that pay decently are almost non-existent, unless you are well connected. thanks a lot!~ Rachel Taylor

  6. For the survival of the society we need education as it is the only factor that has the power to change a human life. It brings changes in a person’s personality which will turn his life in a positive direction.

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