Tag Archives: loans

School Loans & Audio Adrenaline

I just received a statement from Wells Fargo showing a breakdown of interest, principal and total paid on our school loans over the past 8+ years. And the current balance, of course. Horribly depressing. Even more depressing when I consider that’s only one of our student loans (and let’s not talk about a mortgage).

About 10 years ago I interviewed Bob Herdman, keyboardist and guitar player for the Christian band Audio Adrenaline. At the time I was an intern, working my first real writing job and doing one of my first real interviews. I had no idea what I was doing and the fact that a “rock star” would just call me up like that for a phone interview was incredible. Little did I realize how mundane that is.

Anyway, the article would cover Audio Adrenaline’s college years and what Herdman learned from college, a fairly interesting piece for the Christian college guide it would appear in. (Reality check: It never appeared. The college guide was never published, due to all sorts of insanity I didn’t understand at the time, nor will I get into here.)

At one point in the interview Herdman mentioned that he still had school loans he hadn’t paid off. He said something about paying $50 a month for 10 years now. He could have been exaggerating, I have no idea, but I remember being horrified at the thought. Imagine it, a successful rock star with outstanding college loans. Granted Audio Adrenaline was never a mainstream success. But they had plenty of success in the Christian market, at that time were releasing their fifth album (Underdog) and were still riding high from their 1996 hit album Bloom (certified Gold).

I knew Christian rock band wasn’t exactly a lucrative career path. I knew Herdman may have had other spending priorities (my own financial advisor talks about student loans as “good debt,” a concept I understand but still bristle at). But still. I couldn’t fathom the concept of a successful rock star not having paid off their college loans yet.

And here I sit, 10 years later, looking at a loan statement and beginning to feel sympathy instead of bewilderment. I wonder if Herdman finished paying off his school loans?