Cheerfully thinking about her next four years at Brown, freshman Martina Smith reported that she’s excited to start building a large, diverse group of student loans.
“When I decided to come to Brown,” Smith reported, “I knew I was going to be exposed to enormous amounts of diverse debt, and that I’d start to create a group of completely unique loans with different interest rates, enrollment processes, and repayment schedules. And, wow, is that exciting!”
“I grew up in a small, rural town with only one or two local banks,” explained Smith, who is excited to leave her comfort zone and move to a more vibrant, heterogeneous community. “But during orientation, I learned about so many large financial institutions from all over the world that I could enter into long-term contracts with.”
“I know that when I’m old and thinking back on my time in college,” said Smith, “What I’ll remember most will be the relationships I built with all my loan servicers. Sure, I had expenses in high school, but nothing as deep or enduring as the debt I’ll acquire while I’m here.”
“The loans I’m going to take out are going to last way beyond graduation,” she said smiling. “They’re the kinds of investments that last a lifetime. And if I’m really lucky, I might find that one special loan that I’ll settle down with and spend my whole life paying off.”
“To think, I would have never had these loans without coming to Brown. This place has really expanded my worldview and my debt.”