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SOUTH DAKOTA

SCHOOL OF MINES
& TECHNOLOGY
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Loan Debt Management - How Much is Too Much?
How much money can I afford to borrow over the course of my college education? How much income will I have to have in order to service that debt? How much is too much???
Without a doubt, student loans are about the easiest form of credit that you will ever obtain in your lifetime, but it can also cause financial hardship later if you borrow more than you really need to obtain your college degree. Rather than blindly borrowing in the hopes of making enough later to repay it, click here to run a calculation that will be of help to you in planning your borrowing.
Remember: Student loan debt WILL affect your career choices after college graduation! Don't wait until after graduation to find out how much.
For more information contact...
Financial Aid Office SDSM&T 501 E Saint Joseph Street Rapid City, SD 57701-3995 Work Phone 605-394-2274 FAX 605-394-1979 Toll Free 1-877-877-6044 financialaid@sdsmt.edu
Contact: SDSM&T Financial Aid
This page has been visited 4,278 times since 04/12/2002
| http://www.hpcnet.org/finaid/loandebt |
Last Modified: 03/01/2006 |
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