Don't Believe the Student-Loan Sob Stories

Borrowing to pay for school can be one of the best investments you can make -- or one of the worst. 
Does borrowing to go to college or grad school make sense? It depends. Photographer: Craig Warga/Bloomberg

Borrowing to pay for school can be one of the best investments you can make -- or one of the worst. The question is whether the increase in debt today will be offset by a more enjoyable and lucrative career in the future. New evidence suggests that the decisions of a few people to go to graduate school and attend for-profit colleges are making the overall numbers look worse than they might be otherwise.

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