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How long does it take to pay off student loans if you get a job in the field you are actually pursuing ?

If I have the option to obtain the max in students loans but need less than 4k is it worth taking the full loan if I know I might have to pay out of pocket for two classes?

fall25 financial-planning student-loans
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Jerin’s Answer

Dear Terri,

Thanks for your question .

If your field is Medical or Engineering, it can take between 4-10 years, otherwise , it will take a long time . But even in Medical or Engineering , you need to save money and pay regularly to get out of loan quickly.

Take as less money as possible using loan , pay back as soon as possible. If you can stay with your parents, save money that way.

Hope this helps !

Thanks and Regards,
Jerin
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Rene’s Answer

To manage your tuition debt effectively, aim to keep your total loan amount to about 5% of your starting salary after graduation. This approach helps you budget for living costs like rent, utilities, food, and transportation. As your career progresses and your salary increases, sticking to this 5% guideline will help you pay off your debt more quickly.
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