Making Sense Of Cents

Learn how to make extra money, how to save money, how to start a blog, and more.

JOIN OVER 300,000
MONTHLY READERS!
  • HOME
  • BLOG
  • Make Money
    • best online jobs
    • passive income ideas
    • paid online surveys
    • How To Make $100 A Day
    • 80 side job ideas
    • More Extra Income Ideas
  • SAVE MONEY
    • Free Amazon Gift Cards
    • 16 Alternatives To Cable TV
    • best rewards credit cards
    • How I Paid Off My $40,000 Student Loans
    • More Money Tips
  • Categories
    • Income Reports
    • How To Save Money
    • Extra Income Ideas
    • Blogging Tips
    • Career Advice
    • College
    • Pay Off Debt
    • Retirement
    • Self-Employment Tips
    • Travel
  • BLOG COURSES
    • AFFILIATE MARKETING COURSE
    • MAKING SENSE OF SPONSORED POSTS
    • HOW TO START A BLOG
  • Contact
    • About
    • Contact
    • Advertise
    • Recommendations

First Person: Why I Consider Student Loans to Be ‘Good Debt’

Last Updated: April 20, 2017 BY Michelle Schroeder-Gardner - 19 Comments

Disclosure: This post may contain affiliate links, meaning I get a commission if you decide to make a purchase through my links, at no cost to you. Please read my disclosure for more info.

Some people can escape college and graduate with no debt or hardly any.  I graduated with some debt, and I can proudly say that I am not ashamed of it.

I worked full-time throughout college and managed to graduate with two degrees in less than three years after the time that I graduated from high school.  I managed to graduate before I turned 21, which I will say that I am also proud of.

However, since I graduated so quickly, I had to take a large course load in order for it to be possible. I took 14 credits (I think it was 14? Somewhere around that amount) while I was in high school, 18 or 21 during most spring and fall semesters and one summer I took 12 credits.  The larger course load also came with a higher price, as the scholarships I was offered did not cover tuition beyond full-time status.  With credits being nearly $900 an hour, each credit above 18 cost me dearly and added up quite quickly.

Currently, I have around $25,000 in debt, but that includes both my undergraduate degrees and two semesters of my MBA.

I do not regret my debt.  I pay around triple the minimum balance each month for each loan that I have taken out and I plan to have my loans paid off within 5 years.

Your turn:  Do you have any college debt?  Do you consider college debt to be “good”?

 

Edit: My student loans are fully paid off!

19 Comments
Filed Under: Budget, Debt, School Tagged With: Debt, School

  • « Previous Page
  • 1
  • …
  • 6
  • 7
  • 8
Making Sense of Cents welcome page photo
Hello and welcome!
My name is Michelle and I'm the author/owner of Making Sense of Cents. Learning how to save money and make more money changed my life. It allowed me to pay off $40,000 in student loans, start my own business, and I now travel full-time.

As Seen On

as seen on
How To Start A Blog
making sense of affiliate marketing for bloggers
My Monthly Online Income Reports
My Student Loans Are Gone - How I Paid Off $38,000 In Student Loans
How To Prevent Financial Fraud From Happening To You
Buying a House at 20 (How I did it)
How To Make Money Blogging Picture
How To Save 50% Or More Of Your Income Picture
How I Graduated From College In 2.5 Years With 2 Degrees AND Saved $37,500
75+ Ways To Make Extra Money

 

HOME
ABOUT
CONTACT
FREE FB GROUP

PRIVACY POLICY
TERMS OF USE
DISCLAIMER / EARNINGS DISCLAIMER
Copyright © 2011 - 2023. All Rights Reserved.

© 2023 Making Sense of Cents
Design by Swoon & Co. Creative