College Admissions Expert Elizabeth Levine: 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

Eight Hudson Valley train stops worth the trip
No car needed for these summer events.
There will be some exciting events along the Hudson Valley this summer that can be reached by train.
With a ride on Metro North or...

Read more »

College Admissions Expert Elizabeth Levine: Errors When Completing FAFSA
Listed below are common errors people make when completing the FAFSA that can potentially mean tens of thousands of dollars to your bottom line when it comes to receiving...
Read more »
Image

Get it fixed for free at the Repair Café on July 21
WARWICK — Bring your beloved but broken items to the Repair Café for a free fix on Saturday, July 21, from 10 a.m. to 1:30 p.m.
Read more »
Image

Flexibility in Flight celebrates grand reopening of new studio
— Aerial yoga is a type of yoga which uses a hammock or yoga swing to allow students to perform postures that they may not...
Read more »
Image

VIDEOS



Subscribe to our mailing list

* indicates required
Community Newspapers


MOST COMMENTED



Find more about Weather in Chester, NY