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

Where in Goshen?
Where in Goshen have you seen this detail? If you think you know, please fill out the form below.
Read more »
Image

Where in Goshen?
During this first week of Lent, the answer to last week's clue sent strong vibes to our readers, with many of them instantly recognizing the detail provided.
Appropriately,...

Read more »
Image

Pothole Watch: Week 1
BY ERIKA NORTON
What’s broken“What will happen first? CVS parking lot gets repaved or humans land on Mars?” asked a...

Read more »
Image

A family takes root in the wilderness
By Ginny Privitar
— A treasure trove of notes reveals how Sarah Wells really felt about her early years in the...

Read more »
Image

VIDEOS



* indicates required
Community Newspapers


MOST READ

Letters to the Editor
Hazardous-to-health CPV plant must shut down
  • Feb 21, 2018
Sports
Dance away the pounds with Zumba
  • Feb 21, 2018
Local News
(Not Just) Chili for a Cause
  • Feb 21, 2018
Local News
Flu season shows signs of leveling off
  • Feb 20, 2018

MOST COMMENTED



Find more about Weather in Chester, NY