Originally Posted by Av8trxx
Can anyone elaborate on the kind of payoff and monthly payments one would have for a $150K student loan?!?!?
I think anyway you slice it, it's never going to be pretty on a $19K salary. I made some assumptions early in this thread making a guess at what a guy or gal would have to live on after taxes, loan payments, and other expense. The result was based on $60K of debt - I think this guy is SCREWED at $150K. There is no way he'll make the payments.