The Student Loan Tracker has several practical applications in personal finance management. It allows users to plan scenarios to minimize interest on student debt. It provides visual aids like graphs and charts to help users understand when their debt will be paid off and how much they will owe at any given time. It also calculates the number of extra payments required to pay off the debt as quickly as possible. Users can input the amount they want to pay extra and for how long, across each loan. For advanced planning, users can input any amount they want to pay in any month.
Need to scenario plan to pay the least interest on student debt? Utilize multiple graphs and charts...
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