Student loans can open a door to higher education for many, but will you be able to repay your loans when they come due after you graduate? As of 2013, the most recent year for which figures are available, nearly 14% of student loans were in default, according to the National Center for Education Statistics.1 Failing to pay your student loan could affect your credit and your ability to borrow money for a home or car. Our Student Loan Repayment Calculator can help you assess your ability to repay your student loan in the future.
Student Loan Repayment Calculator Definitions
1 Student Loan Volume and Default Rates
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