Student Loan Costs in Horry County, SC

What do student loans really cost in Horry County? Compare repayment strategies.

Avg Loan Balance

$30,677

Monthly Payment

$348

Total Interest

$11,083

Debt-to-Income

7%

Repayment Plan Comparison

Standard (10-Year)

Monthly Payment$348
Total Paid$41,760
Total Interest$11,083

Time to Payoff10 years

Income-Driven (IDR)

Monthly Payment$217
Monthly Savings$131
Forgiveness After20-25 years

Potential ForgivenessTaxable event

About Horry County, South Carolina

Horry County in South Carolina has a median household income of $59,880 and a population of 356,578. Student loan payments represent about 7% of median income under the standard repayment plan.

These estimates use average federal student loan balances adjusted for regional economics. Actual costs depend on your specific loans, interest rates, and repayment plan. Our calculator models all federal plans (Standard, IDR, PSLF), refinancing options, and extra payment strategies with Monte Carlo simulation.

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Other Counties in South Carolina

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Federal Student Aid, College Scorecard, Bureau of Labor Statistics. Estimates based on regional data. This is not financial advice.