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What percentage of your gross salary does the consumer financial protection bureau suggest your student loan payment be in order to be affordable and limit your risk of delinquency and default?


What percentage of your gross salary does the consumer financial protection bureau suggest your student loan payment be in order to be affordable and limit your risk of delinquency and default?

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According to brainly.com, The Recommended Minimum Gross Income, as per the Consumer Financial Protection Bureau, should be $0. The Consumer Financial Protection Bureau recommends that your anticipated repayments should not surpass 8% of your gross revenue to keep your student loan debt load modest. As a result, the correct answer is 8% of gross revenue. Learn more:

According to consumerfinance.gov, Explore student loan repayment options. Paying off your student debt can be confusing. Walk through your options to pay off your loans. Read more. Learn about repayment programs for people in public service. There are programs to help you manage your federal student loan debt while pursuing a career in public service. Read more. Explore basics

According to thriveap.com, The U.S. Department of Education recommends that students do not take on a student loan payment that exceeds 20 percent of total projected discretionary income, or 8 to 10 percent of total monthly income.

According to consumerfinance.gov, WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau released a new data point finding that nearly half of student loan borrowers leave school owing at least $20,000 – double the share of borrowers a decade ago. The Bureau also found that more borrowers are taking out student loans later in life, and fewer borrowers are paying down their student debt in five years.

According to istudy-helper.com, Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no …

According to consumerfinance.gov, Steps to getting a private student loan: Talk to your school’s financial aid office. Most lenders require a form from the school certifying that you need additional aid to cover the cost of attendance. Line up a co-signer. Most private student loans require one unless the borrower has positive credit history.

According to payscale.com, The average salary for Consumer Financial Protection Bureau employees is $95,193 per year. Visit PayScale to research Consumer Financial Protection Bureau salaries, bonuses, reviews, benefits, and …

According to federalpay.org, 2012. 2011. The Bureau of Consumer Financial Protection had 1,536 employees in 2015 with an average pay (base salary + bonus) of $146,990.85. The most common occupation was financial institution examining, followed by miscellaneous administration and program. The most common payscale is Bureau Of Consumer Financial Protect (cfpb) Independent …

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