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Is Student Debt A Good Thing?

It depends on the student's major, amount of the loan, and salary.

Students who finance their college education through student loans are beginning to find they've accumulated a mountain of debt and are asking if it really was worth it. Pamela Yip of the Dallas Morning News reports:

Student loan debt has become a serious burden for students - to the point where some have considered not entering socially beneficial occupations, such as teaching and social work, because they don't pay enough to cover loan payments.

"It's something we need to be worring about because if we want people to go into teaching and other important socially beneficial occupations, they need to know when they're in college that it's a choice they can afford to make," said Robert Shireman, director of the Project on Student Debt.

Click here to read the entire story.

Pierre Cutler
The Sacramento Executive

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