The
Long-Term Impact of Education Debt on College Graduates
Use this College Debt Crunch slide rule to estimate
the monthly cost of paying off a student loan and see how much those
payments could grow to if they were invested instead.
Step 1:
Estimate the total amount you will need to borrow
for college expenses by clicking the highlighted plus or minus
symbols below.
Step 3:
View the amount of your monthly student loan payment
and the total amount you will pay back on your loan.
Step 2:
Estimate the interest rate on your student loan.
(Interest rates on student loans have averaged between 5% and
9% over the past decade.)
Step 4:
See how much money you could accumulate instead
by investing that monthly loan amount over 10, 20, 30 or 40 years.
What Youll Owe...
What You Could Earn...
Total
Loan Amount
Interest
Rate
Monthly Student
Loan
Payment for 10 Years
Total Principal
and Interest Paid
After
10 Years
After
20 Years
After
30 Years
After
40 Years
Please note: Since investing involves risk to principal, positive
results and the achievement of an investors goals are not
guaranteed. There are no assurances that any investment will
be profitable. These performance return projections do not
represent predictable outcomes of any investments. The results
generated by the College Debt Crunch slide rule regarding the
users hypothetical investment return is provided for educational
purposes only. No information contained in the results should
be construed as debt management or investment advice. Please
consult your Financial Advisor for personal financial advice.