Thursday, February 19, 2009

Profiles in Debt

Name: Kristin Tappan

Major: Psychology

Year: 2011

Debt: $20,000

Deep thoughts on debt: "Originally my plan was to just pay it off after I graduated because I was allowed to postpone paying off the loan until six months after I'm done with college all together. But my dada actually cosigned the loan and he doesn't like that the rate is a variable rate. He doesn't want to risk it, so he's just going to pay it off in the next three months. But I will have like $60,000 to pay off when I graduate from Santa Clara. Which in theory I guess isn't that bad, because my goal was to stay under a hundred."

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