Student Loan Experiences and Insights

The transcript follows a personal narrative about the challenges and realizations faced by Jessie, who took out student loans to attend college. It explores her family's financial background, the decision-making process regarding loans, and the emotional and financial burdens that followed. Jessie reflects on her career path, living situation, and the impact of debt on her life. She shares insights on the importance of financial literacy and offers advice to others considering higher education.

Why did the speaker initially not want to discuss their college experience?

• They disliked talking about finances.

• They were embarrassed about their grades.

• They didn't want to remember their college years.

• They had a bad experience with their professors.

What was the speaker's perception of student loans before attending college?

• They believed loans were only for graduate school.

• They believed everyone took out loans unless they had wealthy parents.

• They thought only a few people took out loans.

• They thought loans were unnecessary.

Who was primarily responsible for the speaker's upbringing?

• Their father and stepmother.

• Their grandparents.

• Their older brother.

• Their mother and two sisters.

Why did the speaker's mother decide not to co-sign the student loan initially?

• She wanted the speaker to work first.

• She was not comfortable with the speaker's behavior at the time.

• She didn't believe in higher education.

• She couldn't afford it.

What was the speaker's first job after college?

• A restaurant manager.

• A police officer.

• A loan collector at AES.

• A teacher.

What realization did the speaker have while working at AES?

• They would likely face similar financial struggles.

• They wanted to go back to school.

• They needed to move to a different city.

• They wanted to change careers.

What is the speaker's current living situation?

• They live with their parents.

• They own a house.

• They rent a small bedroom.

• They live in a dormitory.

What does the speaker regret about their college experience?

• Not participating in extracurricular activities.

• The way they financed their education.

• Choosing their major.

• Not making enough friends.

What advice does the speaker give to other parents?

• To let their children handle everything on their own.

• To do thorough research and educate themselves.

• To avoid sending their children to college.

• To co-sign all student loans.

What does the speaker believe about the impact of student debt on their generation?

• It has a significant impact on the entire generation.

• It is not a serious issue.

• It only affects those who went to expensive schools.

• It only affects a few individuals.