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-   -   Student loans (https://www.askmehelpdesk.com/showthread.php?t=810832)

  • Apr 21, 2015, 02:49 PM
    kokocorn
    Student loans
    My daughter is still in college but just curious as to how much she can expect to pay back in student loans on a monthly basis. I estimate her total when she graduates will be $37,000. Does anyone have an idea as to what her monthly payments will be? I know it depends of many things but just a rough estimate.
  • Apr 21, 2015, 02:53 PM
    Wondergirl
    Will she consolidate them? That's why my son did. I strongly suggest that. It will put everything at one interest rate. Then she can calculate her monthly payback.
  • Apr 21, 2015, 03:04 PM
    tickle
    Is this In Canada or US. It makes a big difference to the answer.
  • Apr 21, 2015, 03:21 PM
    kokocorn
    She has one Perkins loan and two Stafford (Direct sub and unsub.). Can she consolidate all 3 into one or can she only consolidate the 2 Direct loans?

    Quote:

    Originally Posted by tickle View Post
    Is this In Canada or US. It makes a big difference to the answer.

    We're in the USA.
  • Apr 21, 2015, 03:24 PM
    Wondergirl
    Her college guidance or a financial aid officer can tell her what she can consolidate and how. My son did it in 1998, and the rules here and there may have changed.

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