The question of whether student loans constitute “good debt” is a complex one, sparking debate among financial advisors and students alike. While the prospect of accumulating debt can be daunting, the potential for significantly increased earning power after graduation makes student loans a unique financial instrument. This exploration delves into the nuances of student loan debt, examining its potential benefits alongside its inherent risks, to provide a balanced perspective. We will analyze the concept of “good debt” versus “bad debt,” focusing on the long-term financial implications of each. A crucial element will be assessing the return on investment (ROI) from Read More …
