FAME Student Loan/Salary Calculator

Welcome to FAME's Student Loan/Salary Calculator.  This interactive calculator was created to assist students and parents in determining:

  • how much salary is needed to make the payments on current and future student loan debt
  • how much can be borrowed based on future expected earnings

If you are unsure about the salary you may be able to expect upon graduation, you may be able to find an estimated amount using www.salary.com

 


Interest rate:

%

Repayment Period:

(years)

How much should I expect in student loans?

Expected salary:

What salary would I need to support this debt?

Current Debt:
Future Borrowing Needs:

Note: These calculations are based on the financial aid industry recommendation that student loan debt not exceed 8 percent of your gross earnings.