College Admissions Expert Elizabeth Levine: Paying Back Student Loan Debt


Make text smaller Make text larger



Photos



  • Elizabeth Levine



How do you know what you need to Earn in order to Pay Back Your Student Loan Debt?


A 24-year old young man called me who has $50K of student loan debt and a $750 monthly payment that he can't afford. Although I am not a debt counselor, only pro actively help families and students navigate through and understand the financial aid process, I helped him to understand the potential ramifications if he chose to default on his loans.

I've attached a link below that shows a student how much they have to earn in order to pay back a designated amount of a student loan. It also outlines if you specify what you earn how much student loan debt you can support. It's an excellent tool that I feel every family should review prior to deciding how much debt their child or their family should take on.

http://mappingyourfuture.org/paying/debtwizard/#debtWizard

If you have any questions about the college admissions process or the above information please do not hesitate to contact me at info@signaturecollegecounseling.com or by phone, 845.551.6946.

Elizabeth Levine
Signature College Counseling is an Orange County, Hudson Valley based company
that works one on one with students and their families in navigating the admissions process so you attend the college that is right for you.
845.551.6946
Ask The College Admissions Expert a Question
www.signaturecollegecounseling.com




Make text smaller Make text larger

Comments

Pool Rules



MUST READ NEWS

Journalists are not the enemy
By Jeanne Straus
We're concerned about President Donald Trump's attacks on journalists. At Straus News we don't editorialize or endorse candidates for local or national...

Read more »
Image

Monroe-Woodbury to ask voters to support $8.3 million in capital improvements
By Bob Quinn
— The Monroe-Woodbury School District is poised to ask taxpayers to support a proposed $8,391,000 capital...

Read more »
Image

Camp is almost over
"Camp" belongs on the sign for the YMCA Camp Discovery, located off Route 6 by the upper twin lakes in Harriman. While parents may be cringing that there's just weeks...
Read more »
Image

Charles R. Tomlin
Charles R. “Chuck” Tomlin of Chester, formerly of Pearl River, passed away on Sunday, Aug. 12, 2018, at Nyack Hospital. He was 73.
Chuck was a financial planner...

Read more »

VIDEOS



Subscribe to our mailing list

* indicates required
Community Newspapers


MOST READ

Obituaries
Charles R. Tomlin
  • Aug 16, 2018
Opinion
Journalists are not the enemy
  • Aug 17, 2018
Where in clues
Camp is almost over
  • Aug 16, 2018

MOST COMMENTED



Weather in Monroe, NY