Oregon Student Loan Repayment Calculator
Calculate student loan payments in Oregon. Compare standard, IDR, and forgiveness plans. See total cost with state tax impact.
How This Calculator Works
Calculation methodology and assumptions
Student loan repayment calculator for Oregon residents. Standard repayment uses fixed amortization. Income-Driven Repayment (IDR) estimate is 10% of discretionary income (income above 225% of federal poverty level). Oregon taxes income at up to 9.9%, affecting your net repayment cost. Federal student loan interest deduction: up to $2,500/year if income qualifies.
Key State Information
Oregon student loan facts: Median income $70,084 | Cost of living index: 113.1 | State income tax up to 9.9%. Average student debt nationally: ~$37,000.
Frequently Asked Questions
What are student loan repayment options in Oregon?
Oregon residents can use federal repayment plans: Standard (10 years fixed), Graduated, Extended, and Income-Driven (SAVE, PAYE, IBR, ICR). With Oregon's income tax of up to 9.9%, effective cost of repayment is higher. PSLF is available for qualifying public service workers after 120 payments.
How much is the average student loan payment in Oregon?
Based on the national average debt of $37,000 at 5.5% interest, the standard monthly payment is about $401/month over 10 years. In Oregon, with a median income of $70,084, this represents about 7% of median household income.
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