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

More From The Ask The Expert

  • College Admissions Expert Elizabeth Levine: Misconceptions About Paying for College
  • College Admissions Expert Elizabeth Levine: Newsletter
  • College Admissions Expert Elizabeth Levine: Who Chooses
  • College Admissions Expert Elizabeth Levine: Net Cost
  • College Admissions Expert Elizabeth Levine: 3 Legs to Financing Your Child's College Education
  • Tax Expert Noel Spencer: Refund Status
  • College Admissions Expert Elizabeth Levine: Preparing for Campus Visits
  • Tax Expert Noel Spencer: Tax Credit
  • College Admissions Expert Elizabeth Levine: College Generosity
  • Tax Expert Noel Spencer: 401K
  • College Admissions Expert Elizabeth Levine: Newsletter Tips
  • Tax Expert Noel Spencer: Minimum for Filing Tax Return
  • College Admissions Expert Elizabeth Levine: Financial Aid Picture
  • Tax Expert Noel Spencer: S Corporation Office In Home Deduction
  • College Admissions Expert Elizabeth Levine: Financial Boundaries
  • Firearms Safety Expert Jimmy Cosenza: Cleaning your Firearm
  • College Admissions Expert Elizabeth Levine: Name Brand Schools
  • Tax Expert Noel Spencer: Coverdell Education Savings Account Beneficiary Change
  • College Admissions Expert Elizabeth Levine: Campus Visits
  • Firearms Safety Expert Jimmy Cosenza: Ammunition
  • Tax Expert Noel Spencer: Inherited Property Holding Period
  • Firearms Safety Expert Jimmy Cosenza: Preparing Firearms
  • College Admissions Expert Elizabeth Levine: Pretigious Institutions
  • Tax Expert Noel Spencer: Stop Smoking Program Medical Deduction
  • College Admissions Expert Elizabeth Levine: Terms for Financial Aid
  • Tax Expert Noel Spencer: Start-up Costs for Small Employer Pension Plan
  • College Admissions Expert Elizabeth Levine: Marketing Materials from Colleges
  • Tax Expert Noel Spencer: Diapers Medical Deduction
  • College Admissions Expert Elizabeth Levine: Participating in College Level Sports
  • Tax Expert Noel Spencer: Health Insurance Deduction Pre-Tax Dollars
  • College Admissions Expert Elizabeth Levine: Visiting Colleges
  • Quickbooks Expert Rochelle Dejong: Outsourcing your Accounting
  • College Admissions Expert Elizabeth Levine: Getting a Jump on the College Search
  • Quickbooks Expert Rochelle Dejong: Benefits
  • College Admissions Expert Elizabeth Levine: College Essay Writing
  • Quickbooks Expert Rochelle Dejong: Working in Office
  • College Admissions Expert Elizabeth Levine: Net Price Calculator
  • Quickbooks Expert Rochelle Dejong: Software
  • College Admissions Expert Elizabeth Levine: Evaluation in the College Admission Process
  • Quickbooks Expert Rochelle Dejong: Outsourcing
  • College Admissions Expert Elizabeth Levine: Demonstrated Interest
  • Comments

    Pool Rules



    MUST READ NEWS

    Tuxedo receives $50,000 state grant for town hall renovations
    TUXEDO — The Town of Tuxedo has been awarded a $50,000 grant for the renovation of community space at Town Hall, state Sen. John J.
    Read more »

    Gold's Gym Signs On at Galleria at Crystal Run
    Gold's Gym, the fitness center with over 700 locations nationwide, signed its lease for the upper level of the Galleria at Crystal Run's former Sears space on April 26. Demolition...
    Read more »
    Image

    James Skoufis launches state Senate Campaign
    — Assemblyman James Skoufis (D-Woodbury) announced this week his bid to run for State Senate in the 39th Senate District,...
    Read more »
    Image

    Citiva Medical purchases property at former Mid-Orange Correctional facility to grow medical marijuana
    By Roger Gavan
    — On Tuesday, May 22, the Warwick Valley Local Development Corporation announced that medical marijuana producer...

    Read more »
    Image

    VIDEOS



    Subscribe to our mailing list

    * indicates required
    Community Newspapers


    MOST READ

    Local News
    Ready, willing and available
    • May 24, 2018
    Foodie
    Foodie845 2018
    • May 24, 2018
    Entertainment
    OCNY Pride Parade is June 10
    • May 22, 2018

    MOST COMMENTED



    Weather in Monroe, NY