July 14, 2012

SO THIS WEEK’S SUZE ORMAN SHOW WAS ALL ABOUT STUDENT LOANS: THE MOST DANGEROUS DEBT! It’s like she’s been reading up on the higher education bubble or something.

The stories were pretty bad: A guy with $160,000 in loans that his parents cosigned, but he never finished college and the parents are bankrupt. And a girl who Suze talked out of going to Vet school at a cost of over $240,000 in student loans. But mostly, the change from a few years ago — when financial-advice shows usually called student loans “good debt” because they were an “investment” in your future — to today is really noticeable and suggests to me that popular consciousness is likely to shift pretty fast.

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