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

College Admissions Expert Elizabeth Levine: Early Decision vs. Regular Decision – Risk vs. Reward
Will applying early decision help my chances to get into my school of choice? Watch this weeks Tuesday Talks with Liz and learn about the risk vs. the reward and how the...
Read more »
Image

Quickbooks Expert Rochelle Dejong: Income Tax Preparation
Because R&D is not a CPA firm, we do not provide income tax planning and preparation or perform audits. Those functions are typically performed by Certified Public Accountants. We...
Read more »
Image

Cooling centers to open during heat wave
The National Weather Service has issued a hazardous weather outlook for Friday and Saturday. The forecast is for high heat and humidity, with temperatures reaching the upper 90s...
Read more »
Image

Warwick Repair Cafe returns July 20
The Repair Cafe returns Saturday, July 20, from 10 a.m. to 2 p.m. at the Senior Center at the Town Hall Complex, 132 Kings Highway, Warwick
Bring your beloved but broken...

Read more »
Image

VIDEOS



Subscribe to our mailing list

* indicates required
Community Newspapers



MOST READ

Local News
Warwick Repair Cafe returns July 20
  • Jul 11, 2019

MOST COMMENTED



Weather in Monroe, NY