Social Studies, 21.05.2020 11:57, westball101

LUCIA earns $27,000 per year, is single, and lives in Wyoming. She has $7000 in subsidized loans and another $19,000 in unsubsidized loans. She is trying to save up an emergency fund of at least 6 months’ take-home pay, so she’s torn about how much she should devote to her student loans and how much to the emergency fund every month.

Lucia’s monthly take-home pay is $1850. What percentage of her paycheck will go toward student loans if she chooses standard repayment? Does that payment amount seem reasonable? Why or why not?

Which plan has the longest repayment period? How long will Luciai be paying her student loans?

How do you think Lucia should prioritize between her emergency fund goal and her student loan payments?

Which repayment plan do you think Lucia should select? Why?

Answers: 2

Show answers

Other questions on the subject: Social Studies

Social Studies, 21.06.2019 14:30, nettyshaf202406

What does mr. donald trump stand for in the matter of guns

Answers: 1

continue

Social Studies, 22.06.2019 02:30, Merida06

Cindy is 18 years old. cindy's parents and her 23-year old brother rich are going away for the weekend. renee, cindy's best friend, is pressuring her to throw a huge saturday night party for all their friends since no one will be home. renee even asked rich if he could pick up a few kegs for them. rich brought back two kegs of beer, a bottle of vodka, and a few bottles of wine, which he hid in the basement. renee also spread the word around school for everyone to show up. cindy now has over $100 worth of alcohol hid in the basement, an empty house for the weekend, and several friends expected to show. what should she do?

Answers: 2

continue

Social Studies, 23.06.2019 04:40, naomicervero

The term that best captures the role of adults caring for infants and toddlers is:

Answers: 1

continue

Social Studies, 23.06.2019 07:00, kenishawilkinsoy4mgw

Which was the original difference between sunnis and shias? a. they disagreed on the content of the five pillars. b. they disagreed on the role of sharia in muslim society. c. they disagreed on the role of imams in the islamic religion. d. they disagreed on who should have succeeded muhammad.

Answers: 2

continue

Do you know the correct answer?

LUCIA earns $27,000 per year, is single, and lives in Wyoming. She has $7000 in subsidized loans and...