As college applicants consider their options this month, they should think twice before taking a big loan to pay for an expensive school.
While a college degree typically boosts your earning potential, large loan payments can mitigate this benefit. Additionally, the knowledge that you are racking up debt can make your college years less enjoyable.
A recent post on The Choice profiles a student who attended an expensive private university before transferring to a less-expensive public one. Her take? College is much more enjoyable when you feel like you’re getting a good deal.
Click here to read more on The Choice.