What Percentage of Your Gross Salary Should Your Student Loan Payment Be?

Calculator, student loan documents, and percentage sign showing 8% for affordable student loan payments by CFPB.

Comprehensive Guide: Learn how the Consumer Financial Protection Bureau (CFPB) helps borrowers keep student loan payments affordable and avoid delinquency or default. Introduction Many borrowers are asking, 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 … Read more