As you consider your financial aid offers, you might be wondering how the student and parent loans you’ve been offered would affect everyone’s future finances.
A good source of guidance in this area is the College Cost Adjuster from SimpleTuition, a site that finds private loans for students.
As featured on the College Solution blog, the College Cost Adjuster estimates the monthly payments associated with specific loans. It allows you see the different payments that would result from you and your parents assuming various shares of the overall loan debt. (Remember: you can always reject individual loans within a college’s financial aid offer.)
The College Cost Adjuster also provides a suggested salary for repaying loans of specific amounts. To learn more about it, click here.
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