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

Skoufis begins his transition to state senator
By Nancy Kriz
— It’s been a little over a week since Assemblyman James Skoufis won election as the first Democrat to hold...

Read more »
Image

WTBQ launches third annual Toys for Military Tots drive
WARWICK — On Monday, Nov. 12, the third annual Toys for Military Tots toy drive was launched by Orange County Community Radio WTBQ...
Read more »
Image

Monroe's Citizens in the Great War: Arthur Coventry Patmore, the pioneer
By Aaron Lefkowitz
By definition, a pioneer is one, who goes forward into the unknown, well-aware of the dangers around, in search of a new frontier to develop for better...

Read more »
Image

'Health is everything'
"Ph" belongs on the sign for CVS Pharmacy on Route 17M in Monroe.

Those in the know this week include:
• Liam and Mollie Hawthorne of...

Read more »
Image

VIDEOS



Subscribe to our mailing list

* indicates required
Community Newspapers



MOST READ

Local News
Veterans Day in Harriman and Monroe
  • Nov 14, 2018
Letters to the Editor
'We are George F. Baker strong'
  • Nov 14, 2018

MOST COMMENTED



Weather in Monroe, NY