Can I afford my student loans?
The Student Debt Affordability Calculator is designed to help you make informed student debt decisions as you begin your college journey.
1. Choose a degree type
2. Choose one of each category
3. How much do you expect to borrow in student loans?
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The Student Debt Smarter Affordability Calculator provides customized, relevant and accurate information aimed at helping prospective college students make more informed decisions about their future. Results are based on the Standard 10-year plan which borrowers will be placed into automatically. Borrowers can apply for other repayment options, which may have a lower payment depending on income level; more information can be found here: https://studentaid.gov/manage-loans/repayment/plans.
The Student Debt Affordability Calculator is meant as a tool for informational purposes. The Calculator is not intended to provide legal, tax or financial advice. The Calculator is meant to provide general guidance to those exploring various college options, but users should consider their specific situation before making any decisions regarding their education, finances, career or place of residence. We provide the Calculator on an “as is” basis and will not be liable for any actions or decisions associated with its use.