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Medical School Loan Calculator-Can I Pay Back my School Loans


Discovery Resource # C-06
Resource Topic: Wealth Management
Planning Tools: Calculator
Career Phase: Evaluate & Decide Learn Plan Practicing/Living
Description: Do I pay down my debt or invest? The wrong decision could be devastating to your financial future. Use this calculator to help you make the right decision.
Description:
Use this calculator to help determine your estimated tax liability along with your average and marginal tax rates. "High-income" workers may experience an increase in federal taxes and beyond due to new provisions such as personal exemption phaseouts, limits to itemized deductions, Medicare tax on investment income, and a new top tax bracket.
Objectives:
  • Input requisite information to determine the cost of their debt against the potential returns on their investment considerations.
  • Compare and contrast outputs from this calculator with the other financial calculators to formulate their financial plans and strategies.