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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