Which is the recommended guideline for the maximum amount

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Problem 1: Which of the following is the recommended guideline for the maximum amount to borrow in order to keep your monthly payments manageable?

Option 1: Expected household income after graduation

Option 2: Expected first-year salary for your chosen job

Option 3: Average salary for your chosen job

Option 4: Expected first-year salary for your chosen job times 1.25c

Reference no: EM132744466

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