4 Madeline Rollins is trying to decide whether she can afford a loan she needs in order to go to chiropractic school. Right now, Madeline is living at home and works in a shoe store, earning a gross income of $1,200 per month. Her employer deducts a total of $290 for taxes from her monthly pay. Madeline also pays $175 on several credit card debts each month. The loan she needs for chiropractic school will cost an additional $260 per month. 5 points Calculate her debt payments-to-income ratio with and without the college loan. (Remember the 20 percent rule.) (Enter your answers as a percent rounded to 2 decimal places.) eBook Print Debt Payments-to- Income Ratio References % With college loan Without college loan % Can she currently afford the school loan