Sentences with phrase «maximum manageable debt»
If she wanted to hold the loan payments to 10 percent of her monthly income and repay the loans over 10 years, her monthly payment would be $ 393, assuming a student - loan interest rate of 6.8 percent, and her maximum manageable debt would be $ 34,200.
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Provide direct help to students from low - and middle - income families to help them pay for their education and ensure that debt loads are manageable by increasing the maximum Canada Student Grant to $ 3,000 / year for full - time students and to $ 1,800 / year for part - time students.