College Student Wins Jeopardy, Prize Money Will Pay Off Loans

Erin McLean, sophomore at Boston University has won the Jeopardy! College Championship. She’s not keeping much of the prize money. According to an article by Sean Teehan in the Boston Globe:

A 2009 Danvers High School graduate became the first Boston University student to win “Jeopardy! College Championship.”

Erin McLean won three rounds, beating out opponents from Yale University and Southern Adventist University in Tennessee in the final round, which aired Saturday night. The contest was taped last month.

The cash prize is $100,000.

So is McLean rich? Because with that cash she could totally by a house in some parts of the country.

Not McLean. The student reports that, aside from plans to purchase a MacBook and go on spring break with her friends, her money is going to pay off college costs.

Boston University tuition is $39,314 a year.

“I’ll be able to graduate debt free from BU, which is pretty amazing,” said McLean. She only had to win $100,000 on a game show to do it. More amazing would have been if she’d actually been able to keep the money.

The average loan-holding BU graduate has $30,998 worth of student loans to pay off.

Daniel Luzer

Daniel Luzer is the news editor at Governing Magazine and former web editor of the Washington Monthly. Find him on Twitter: @Daniel_Luzer