How much do you pay on student loans per month?

+1 vote
asked Mar 19, 2018 in Financial Aid by SXgu (230 points)
How much do you pay on student loans per month?

1 Answer

0 votes
answered Mar 20, 2018 by Gracy (133,260 points)
The amount of money you'd need to spend on your student loan payments will depend on the amount of the student loan you've taken out.

For a $30,000.00 student loan you can expect to pay back $333.00 per month for 120 months.

If you pay less per month then you'll never get the student loan paid off and will just be paying more interest.

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