How much should I borrow in student loans, when I know my salary upon graduation?

Payment Amount Borrowed Interest Rate Term What type of loan $200.00 0.05 0.06 0.07 0.08 0.09 0.1

$200.00 -10100.3987 7% 60 should I take out, for how long, what interest rate? 24 36 48 60 $ 443.12 $ 302.72 $ 232.61 $ 190.61 $ 447.66 $ 307.27 $ 237.21 $ 195.27 $ 452.22 $ 311.87 $ 241.87 $ 200.00 $ 456.81 $ 316.51 $ 246.58 $ 204.80 $ 461.43 $ 321.19 $ 251.35 $ 209.67 $ 466.08 $ 325.91 $ 256.17 $ 214.60

$ $ $ $ $ $

82 145.67 150.45 155.33 160.30 165.36 170.51

Financial Aid Scenarios

Shcolarships FAFSA money Help from family Total Aid $ $ $ $ 8,000.00 10,000.00 10,000.00 28,000.00

Financial Aid Scenarios

Scholarships FAFSA money Help from family Total Aid Name Brian Ali Lori Larry $ 2,000.00 $ 5,000.00 $ $ 7,000.00 Total Loan $ 20,000.00 $ 25,000.00 $ 1,950.00 $ 12,000.00 Paid Off? Yes No Yes Yes Years Paid 12 1 9 8

McNulty McNulty Zarzecki Kinney

Used Goal Seek to find how much I should take out in student loans. Builded a data table comparing different types of loans Creared scenarios based on best case and worst case financial aid from various sources. Used the Text to Columns feature to separate first names from last names (keeps the consistency) Used the Auditing feature to trace dependents and arrows.

the consistency)