Make sure you can pay back your loan

Federal and private student loans for online degree programs and online colleges and universities.

Make sure you can pay back your loan

Postby ermman11 on Wed Feb 02, 2011 5:36 pm

Make sure you can pay back your student loan by doing a little *research* on the salary you can expect to make from your degree. Higher salary is based both on the need for these jobs as well as the skill and determination it takes to complete a degree in these subjects as well as to perform these jobs. If you are passionate about what you study you will find success, but it helps to be sensible when picking what degree to invest in. While it should be the ultimate decision maker, it is good to know! Not sure what you want to major in? Try checking out the entry level salaries for the top ten highest paying degrees, may help you decide! :P
ermman11
 
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Re: Make sure you can pay back your loan

Postby Admissions Girl on Tue May 03, 2011 4:10 pm

Great tip!
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Re: Make sure you can pay back your loan

Postby Admissions Girl on Tue May 03, 2011 4:29 pm

Found these calculators that might help!!

Debt to Income Calculator : See how much you need to make to manage your debt after college
Loan Repayment Calculator : Determine the amount of monthly payments for different loan interest rates and time frames. Or, increase monthly loan payments to see how many years you could shave off a loan with increase payments.
College Savings Calculator : You don't always need to burden yourself with debt, you can use this calculator to see how much you need to save over time to afford the college of your choosing
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