What percentage of your income should go to student loans?

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asked Mar 11, 2018 in Financial Aid by sharp tack (400 points)
What percentage of your income should go to student loans?

How much of your income should go towards paying for student loans?

1 Answer

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answered Mar 13, 2018 by Niko (18,430 points)
It's not always possible to pay the amount of your income towards personal loans as you should.

But it's recommended that you should put at least 20% of your income towards paying off your student loans.

But our finances are not all the same and sometimes you may have to pay less than the recommended amount of your income on your student loan.

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