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  1. Aug 15, 2024 · Some loans are better for your finances than others. “Good debt” includes funding that puts you in a better financial situation in the long run, while “bad debt” leads to credit problems.

  2. Jun 18, 2023 · Bonne is far from alone in his struggle with student debt; 1.9 million Canadians owed the federal government a total of $23.5 billion in student loans as of July 2022 — a number that only ...

  3. Aug 19, 2023 · He regularly writes about investing, student loan debt, and general personal finance topics geared toward anyone wanting to earn more, get out of debt, and start building wealth for the future. He has been quoted in major publications, including the New York Times , Wall Street Journal , Washington Post , ABC, NBC , Today , and more.

  4. Jul 3, 2021 · 2. Student loans mean you start out life with debt. 3. Student loans can be used for things besides tuition, room, and board. 3. Paying off student loans means putting off other life goals. 4. Paying off student loans will help you build credit. 4. It's almost impossible to get rid of student loans if you can't pay. 5.

  5. Jul 7, 2024 · Do not take out loans to pay off student debt. "That does not make sense," Harris said. ... "The problem with that is there are government programs that allow you to repay your student loans," he ...

  6. May 14, 2018 · However, whether student loans are worth it or not brings up the debate about good debt versus bad debt. Student loans typically fall towards the good debt side of the debate, with the caveat that ...

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  8. Aug 26, 2020 · The evidence on educational loans, however, is telling us something different – that the use of student loans helps students earn a degree and pay down their debt – and that some students ...

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