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Old 10-05-2007, 12:47 PM
yi style yi style is offline
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Join Date: Nov 2006
Location: Chicago
Posts: 228
Default Re: Gap Trading & Investing Forums

ok, guess i didn't explain the 30K very well.

it's a loan with a very low interest rate

it's called the "cow" (WP juniors are called cows) loan.

edit: have you ever heard of the book "Absolutely American"?
It's a great book about life at WP. It also addresses the Cow Loan, touching on the variety of outlets the students choose to spend the money on (cars, investing, etc).
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