Borrowed money is generally categorized as "good debt" and "bad debt." Bad debt means taking on debt for things that depreciate in value—like a sound system. Good debt is debt used for an investment. Real estate, for example. Or a college education. But, because of the student loan crisis, some are now starting to question whether college is still considered "good debt."
via Lifehacker http://ift.tt/1vhjApI
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