Profiles in Debt

Name: Nick Satterfield
Major: Civil Engineering
Year: Freshman
Debt: 2,000 a year
Deep Thoughts on Debt: "I have a student loan for 2,000 a year and it is going to come out to between 8,000 and 10,000 by the time I graduate it. It's not that bad but I don't really think it is worth it compared to how much it costs. To me, it makes more sense to just pay it now but my mom wants me to have it the way it is. My mom is trying to push me a little bit so that I pay for some of school. I also have financial aid which helps. I'm under the impression that it is guaranteed. Hopefully that's true; I don't know."