Student Loan calculator

How much are you borrowing to go to college?


Financial advisers say student loan payments should be no more than 10% of your income.


The typical graduate borrowed $29,400 for a four-year degree and $57,600 for a graduate degree in 2012, according to the New America Foundation.


For your loan to be affordable, you should make at least a year.

Loan term


Interest rate*


Monthly payment*

Your total loan should be no more than your first year’s salary.

You owe

after interest

Target salary


Choose a profession to see what you'll actually make. earn a median salary of per year.

You come up short. The monthly payment you can afford is less than the you’ll owe.

You’re covered! The monthly payment you can afford is more than the you’ll owe.

You owe

after interest

Target salary

Likely salary


See how graduate school could affect your loans — and which degrees are worth the cost.

Want to learn more about repayment options for your federal loans? Use the student loan repayment calculator.

* Ten years is the standard loan repayment period. The fixed interest rate for undergraduate Stafford loans is 4.66 percent.
SOURCES: The Institute for College Access and Success, New America Foundation, Bureau of Labor Statistics' Occupational Employment and Wage Estimates.
GRAPHIC: Darla Cameron and Jonnelle Marte - The Washington Post. Published Oct. 15, 2014.

Beware when you co-sign: Your name’s on the line

Senior borrowers can run into trouble when they take on shared debt to pay for family members’ college.

How debt loads are changing for young and old consumers

Older borrowers have taken on more debt since the recession. And younger folks appear to have been locked out of the mortgage market.

More coverage

© Copyright 1996-2014 The Washington Post