Paying For College - An Info Graphic
A loan repayment calculator can put $27,667 in perspective for students. Graduates with that amount in debt would write a check for nearly $300 per month over the standard 10-year repayment plan, assuming a 5 percent interest rate. That’s not a crippling amount for most graduates, but enough to make them feel the financial sting.
Ch 16 Credit - Paying for college - Stats and Infographic.pdf, 435.04 KB; (Last Modified on March 21, 2015)