Jonathan is pursuing a degree in marketing. He researched income trends and expects his starting annual salary to be $35,000. Ba

Question

Svetach [21]

2 years ago

8

Jonathan is pursuing a degree in marketing. He researched income trends and expects his starting annual salary to be $35,000. Ba

sed on his expected income, what would you recommend as his maximum student loan debt

Business

1 answer:

White raven [17] · Answer 1 · 2023-04-08T21:21:38+03:00

The equivalent of his student loan debt can be over re-paid while being spread over number of years.

<h3>What are maximum student loan debt?</h3>

The maximum student loan debt refers to maximum amount of loan that are grantable to student and are expected to be repayed back either during school or when employed.

For undergraduates, the maximum is $57,500 and $138,500 for graduate or professional students.

Because he expects his starting annual salary to be $35,000, then, the equivalent of his student loan debt can be over re-paid while been spread over number of years.