How Much of Your Salary Should Go to Student Loans? CFPB’s Expert Recommendation Explained

Stressed person holding student loan papers, worried about payment affordability

If you are a student loan borrower, it’s critical to check your knowledge what percentage of your gross salary does the Consumer Financial Protection Bureau suggest your student loan payment be in order to be affordable and limit your risk of delinquency and default? Understanding this guideline can help you make informed repayment decisions, avoid unnecessary … Read more