Why 'good debt' doesn't feel so good anymore
For generations, mortgage and student loans have been considered examples of "good debt," investments that promise to build wealth or increase earning potential over time. But as the costs of buying a home and getting a college degree continue to climb, more Americans are questioning whether those i...
For generations, mortgage and student loans have been considered examples of "good debt," investments that promise to build wealth or increase earning potential over time. But as the costs of buying a home and getting a college degree continue to climb, more Americans are questioning whether those investments are actually paying off. For some borrowers, the financial burden from these "good debts" has extended far beyond their monthly payment.
This story was originally published by cnbc.com. Use the link below to read the full article at the source.
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