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SLOPE Calculator

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The SLOPE (Student Loans Over Projected Earnings) calculator:

  • Estimates the monthly payments on your student loans, based on your career choice.
  • Estimates the percentage of your income you will pay on student loans. Experts say your student loan payments shouldn't be more than 8% of your income.
  • Has a budget worksheet to help you plan your income and expenses.
  • Shows you how much interest will be added to your unsubsidized Stafford Loans if you don't pay the interest while you're in school.

Your results are presented on a graph which represents the percent of student loans to projected earnings over time. As your income increases, student loans represent a lower percentage. When you pay off your loans, the percent is zero.

Start the SLOPE Calculator



Recent Repayment Studies: Susan P. Choy, U.S. Department of Education, National Center for Education Statistics, Debt Burden Four Years after College, August 2000. Patricia M. Scherscel, USAGroup Foundation New Agenda Series, Student Indebtedness: Are Borrowers Pushing the Limits? November 1998.

Salary Statistics: U.S. Department of Labor, 2001 Occupational Employment and Wage Estimates.

The SLOPE Calculator was developed by the Colorado Student Loan Program, and this web-based version initially appeared on the ColoradoMentor website. The SLOPE Calculator is presented here with the permission of the Colorado Student Loan Program.
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