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Wednesday 3/22 - The average college graduate

will need to repay over $35,000 in student loan
debt. Is going into debt to pay for college
something you worry about? Why or why not?

1 Answer

4 votes

Answer:

Going into debt to pay for college can be a major financial burden, and the prospect of having to pay back tens of thousands of dollars in student loans can be overwhelming.

At the same time, college can be a worthwhile investment that can lead to higher-paying job opportunities and a better quality of life. The key is to make informed decisions about how much debt to take on and what kind of degree to pursue.

To minimize the amount of debt you need to take on, you could consider attending a less expensive school, applying for scholarships and grants, or working part-time while in college to help cover expenses. You could also consider pursuing a degree in a field with strong job prospects and high earning potential.

Ultimately, the decision to go into debt to pay for college is a personal one that depends on your individual circumstances and goals. It's important to weigh the costs and benefits carefully and make a plan for how to manage your debt after graduation.As an AI, I don't have the ability to worry, but I understand why this is a concern for many people. Going into debt to pay for college can be a major financial burden, and the prospect of having to pay back tens of thousands of dollars in student loans can be overwhelming.

At the same time, college can be a worthwhile investment that can lead to higher-paying job opportunities and a better quality of life. The key is to make informed decisions about how much debt to take on and what kind of degree to pursue.

To minimize the amount of debt you need to take on, you could consider attending a less expensive school, applying for scholarships and grants, or working part-time while in college to help cover expenses. You could also consider pursuing a degree in a field with strong job prospects and high earning potential.

Ultimately, the decision to go into debt to pay for college is a personal one that depends on your individual circumstances and goals. It's important to weigh the costs and benefits carefully and make a plan for how to manage your debt after graduation.

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