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- Sep 14, 2007
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I'm not sure how to calculate anything regarding loans, I don't even know much about loans to begin with. I figure i'll have to borrow a total of $80,000 for grad school w/ some type of loan plan. I'm trying to figure out how much i would have to pay a month if the loan is over a 10 year or even longer period considering a certain salary I would be making. Can anyone give me a formula or help me out in some way? I'd greatly appreciate it as I'm trying to come up w/ a realistic plan after I get out of grad school.