Midwestern University is dedicated to helping you manage your student debt level with the most up-to-date loan repayment planning tools designed to help manage your student loan debt. Understanding the student loan repayment process is a crucial part of borrowing and we want to simplify this for you by providing you with all the tools and information you will need to understand your student loan obligation. Below are several website links to sources that are all designed to help prepare you for successful loan repayment. We've selected a few key budgeting calculators, salary estimators, and a loan repayment calculator to better prepare you for the future.
Please note: Our Sensible Strategies financial literacy program workshops held throughout the academic year. We encourage you to sign up to attend as many as you! Open workshops are listed under Resources on the main page of your student portal.
Budgeting
YouCanDealWithIt.com is a public service of the Pennsylvania Higher Education Assistance Agency (PHEAA) and its student loan servicing operations, FedLoan Servicing and American Education Services (AES). Take their simple approach to help keep a little more in your wallet.
StudentAid.gov is committed to helping you keep your finances under control, shows when you need to make adjustments to your spending, and helps you decide where your money goes instead of wondering where it all went.
Salary Estimates
Accurate, real-time salaries for thousands of careers.
Bureau of Labor Statistics, Occupational Employment Statistics by State
PayScale Salaries
Loan Repayment Calculator
The StudentLoans.gov Loan Repayment Estimator estimates your federal student loan payments under each repayment plan so you can make an informed decision regarding your first repayment plan. You can estimate your future salary using the salary research tool above, then manually add that figure into the loan repayment calculator to include estimating Income Driven Repayment Plan amounts. This site also allows you to manually enter private loans as well.