Student loans in 2010 was $25,250 per student. If the interest rate for student loans increases to 6.8%, estimate how much more students will pay over a 10-year repayment period for this "average amount owed" as compared with 3.4%.

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Rhett Allison

Mathematics

9 November, 03:29

Student loans in 2010 was $25,250 per student. If the interest rate for student loans increases to 6.8%, estimate how much more students will pay over a 10-year repayment period for this "average amount owed" as compared with 3.4%.

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Emmett Webster · Answer 1

It is estimated that the average amount owed for student loans in 2010 was $25,250 per student. If the interest rate for student loans increases to 6.8%, estimate how much more students will pay over a 10-year repayment period for this "average amount owed" as compared with 3.4%.

Student loans in 2010 was $25,250 per student. If the interest rate for student loans increases to 6.8%, estimate how much more students will pay over a 10-year repayment period for this "average amount owed" as compared with 3.4%.$ more

Student loans in 2010 was $25,250 per student. If the interest rate for student loans increases to 6.8%, estimate how much more students will pay over a 10-year repayment period for this "average amount owed" as compared with 3.4%.

$ more