10/10/2014 10:12 am ET Updated Dec 10, 2014

VIDEO: How to Repay Student Loans Once and for All

Even though the student loan default rate has decreased in recent months, many individuals struggle with student loans is still far from over. With the average adult nearly $27,000 in debt due to student loans and the rising costs of higher education, the debt crisis has become the newest scapegoat for the lagging real estate market and slow economic growth.

Which is why one of the biggest questions of our generation has become, "How am I ever going to repay these student loans?" Still, there are a fiscally-minded few who successfully manage to climb out of the red. Atlanta-based musician Matt Hobbs, 26, is one example. In the video he shares his strategy for paying off $25,000 in student loans in under four years.

Awkward Money Chat is an award-winning series where guests discuss the most intimate details of their personal finances. Featuring guests from all walks of life, Awkward Money Chat is a light hearted, comedy driven financial talk show that attempts to tackle the taboo associated with discussing personal finances.

Season 1 of Awkward Money Chat is available on Youtube with Season 2 slated for a January 2015 release.