Is an Undergrad Debt THAT Bad??

cptofthehouse
Fri, 22 May 2009 18:06:13 +0000

It is a highly personal situation. It depends on the choices you have, your family situation and your own situation. The amount of debt also is important. Owing $20K at 6.5% is one thing, owing $40K , with the additional $20K at double digit interest rates is a whole other story. If your family is in monetary crisis, that is also an important element.