I’m looking at going back to school but realize I would need to take out some loans. Is this ok?

February 19, 2014

There is good debt and bad debt. Good debt is ok: a mortgage, student loans or something that is an investment in you. Bad debt is basically anything else: credit cards, personal loans, etc. However, when you take out loans for school you may be offered more money than you truly need for school expenses. Don't be tempted, you don't want to use this money to help keep up your standard of living. Student loans are for school.

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