Are Student Loans preventing you from pursuing teaching English abroad? Learn how you can overcome this obstacle and see the world as a paid English teacher.
Yes — With total outstanding student debt surpassing the $1 trillion mark, the majority of college graduates today finance their education through borrowing and debt in the form of student loans. You may think, how can I get TEFL certified and teach English abroad when I have to pay my student loans?
By: Shay Ames
What's left to be said about Thailand? As I'm interviewing an International TEFL Academy staff member - who we’ll call “Erika” - she gazes out the window’s display of winter wonder-Chicago-land, and dazedly reminisces about her experience, not long ago, teaching in a warm, magical place called Thailand that is also one of the top job markets for teaching English in Asia.
Asia is known as one of the most lucrative regions in the world & while Thailand is not the most developed economy in Asia, it is a nation on the move and many English teachers are able to make enough to save 30%-50% of their income after expenses.
Stretching from the western shores of North Africa across the Sahara to the Levant, the Arabian Peninsula and into the heart of Central Asia, the Middle East is a vast and diverse region not only from the standpoint of its cultures and geography, but in terms of the opportunities it offers certified English teachers as well.
In the wealthy Arab nations of the Persian Gulf region, English teachers can command some of the highest salaries and finest benefit packages in the world and must compete in a competitive job market. Often schools in this region of the Middle East will require English teaches to have a Master’s Degree (sometimes in education) and previous teaching experience, on top of their TEFL certification. That's not to say it's impossible for first-time teachers to get a job in this region (especially in Saudi Arabia), but you will need to be persistent, patient and flexible in your job search. Those who qualify for such positions will enjoy some of the highest salaries in the field as pay can range from $2,500 - $6,000 a month, plus free housing and flights to and from the teacher’s home country.
By: Tamie Arietta
The cost of living in Germany is surprisingly reasonable compared to other European countries. Once you've decided that Germany will be your new home and certainly before you hop on a plane, create a list of all possible expenses you may have during your time abroad and compare it to your existing expenses. A great website to compare the cost of living is called: Numbeo.
By: Rebecca Sirull
One great benefit of teaching in Colombia is the low cost of living, and the strength of the dollar, euro, or pound in comparison with the local peso. If you come here with a bit of savings, it will go much further than it would back home and you’ll be able to take advantage of all the amazing travel opportunities. However, the downside of a weak currency is that local wages are fairly low. That’s why so many English teachers rely on online teaching for a large part of their income. You could easily earn all that you need to live comfortably here just working a few hours a day online, but I prefer the experience of teaching classes in person, so the combination of both works well for me. Here’s a breakdown of my monthly earnings and expenses.
By Adrienne Glenn
They don’t call the dollar “almighty” because the finances of life aren’t important, do they? So, let’s get down to the truth of it.
Taiwan is often an underrated market for teaching English abroad when it comes to salaries. It’s usually overshadowed by the perks that teachers receive in neighboring countries like South Korea and China, such as paid airfare and housing. Even though it’s not common to see those particular perks included in your contract in Taiwan, teachers can still expect to save the same amount per month as they would in China and South Korea, which is anywhere from $700- $1,000/month depending on your spending habits.
In this article, I’ll break down a few examples of different working and saving scenarios that my friends and I were able to accomplish in Taiwan. For the sake of keeping things simple, I’ll quote everything in the US Dollar, not the New Taiwanese Dollar.