1. Student loan project
Math 201
Jeannie McCALL

2. Introduction Purpose Regulate loan amount after graduation
Regulate probable salary after graduation
Regulate how loans will be paid after graduation
Time frame

3. Hypothesis
I will be able to budget my loans into my everyday lifestyle.
I believe that having a loan set at a low payment amount of $208 will fit into my budget, if I balance my everyday lifestyle in a correct manner.

4. Expected Salary Job Title Human Resource Assistant State California
Estimated starting salary 1
$59,000
Estimated starting salary 2
$55,863
Estimated starting annual salary
$57,431.5
Estimated starting monthly salary $
Estimated net monthly salary (after tax) $

5. Budget

6. Student Loans summery :
Appraised total: $23,948
Interest rate: 4.45%
Appraised monthly payment: $247

7. Monthly payment required: $247. 62 https://studentloans
Monthly payment required: $ This monthly imbursement for my student loan was higher than what I identified in my hypothesis.
Monthly Payment

8. Future Value Total loan: $23,948 Total interest paid: $5765.98

9. Reducing Interest

10. Ideal monthly payment: $200-$225 Comparable to the hypothesis Would have extra money in case of emergency Would have extra money for social/entertainment
Conclusion