Sensible borrowing can not only help you pay for college, but also helps you establish a good credit history. Similarly, not making your regular payments can result in a poor credit rating or even default. Valpo students have been responsible borrowers. Here are a few facts:

Valpo's default rate is less than 4%, below the national average.
About two-thirds of Valpo students borrow while in school.
Valpo undergraduate borrowers graduating in May 2002 had an average debt of about $19,000, resulting in a 10-year monthly payment of about $200/month at today's interest rates.

To try out specific loan payment scenarios, use this link:
Loan Payment Calculator