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It's a complex question to answer. Many will try to answer this by comparing your expected increase in income post-graduation relative to the cost and say a break-even in less than 10 years is good. This is flawed however. It completely ignores risk factors to your finances.
In this podcast, Joe will review the best way to answer the question in his opinion.
If you want more details, check out this article for more information: https://www.fitbux.com/articles/how-much-college-debt-is-too-much/
By Joseph Reinke4.5
1010 ratings
It's a complex question to answer. Many will try to answer this by comparing your expected increase in income post-graduation relative to the cost and say a break-even in less than 10 years is good. This is flawed however. It completely ignores risk factors to your finances.
In this podcast, Joe will review the best way to answer the question in his opinion.
If you want more details, check out this article for more information: https://www.fitbux.com/articles/how-much-college-debt-is-too-much/