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  • Hello all and welcome. Today I am here at the West Chester interviewing students about their credit and debt. Please help me first welcome Mr. Kevin Dean
  • Hey hows everybody doing tonight!! I'm doing great, I just graduated college! WOOOHOO now I have time to buy myself that BMW I've been wanting
  • What. Do. You. Mean. Loans? DEBT? What are you talking about? I actually have to pay that back?!
  • Oh wow... Congratulations... So I am assuming you already payed off all your loan already and do not have any debt?
  • Umm yess... I'm gonna send it back to Spencer and Matt to help me answer this one
  • And we'll take it from here Michelle... Hi I'm Spencer and I'm Matt and we are your finance gurus
  • 7/10 students borrow money to help them pay off their loan. If you take a loan out, 6 months after you graduate you will be excepted to start paying it off
  • The average debt a student is in after college is $38,000
  • But, if you start paying it off now and create a budget for your future, you can see how long it may take you
  • Gee wow, thanks guys! I'll look into it! I am ready for this new chapter and hope I can save enough to go to Africa
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