Got Student Loans? Find Out How Much You’ll Really Pay.

And let us know what questions you have.

More and more Americans are drowning in debt. About 44.7 million Americans currently have student debt, and in 2017 they owed more than $1.3 trillion in student loans—more than two and a half times what they owed 10 years earlier. Meanwhile, it takes them an average of 21 years to pay off that debt.

In our September/October 2018 issue, writer Ryann Liebenthal investigates the Public Service Loan Forgiveness program—and how some of its enrollees may never actually see their loans forgiven despite years of payments. It’s a rage-inducing story about America’s student debt machine and the ways in which borrowers are often cast aside by their loan companies.

One of the many issues with student loans is that borrowers often don’t get a sense of how much they’ll actually have to pay back. Interest rates, even at seemingly low amounts, can lead to borrowers paying back far more than they originally took out. We’ve built a calculator that can help you see just how much you might be paying in interest.

We would also like to hear from you: How are you reacting to these numbers? What questions do you have about your debt? We’ll work on answering some of these questions in a follow-up story. 

Adam Vieyra and Rowan Walrath contributed to the interactive.

SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

payment methods

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