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I agree, but no one looks at the other forms of consumer debt as investments. If we are going to call student loans investments, we might as well call autoloan
by wtvanhest 10y ago
I agree, but no one looks at the other forms of consumer debt as investments. If we are going to call student loans investments, we might as well call autoloans investments. The same logic could be applied. A car helps you get to a job and gives you a return.
- rtx 10y agoIt's an investment if it used to improve your economic condition, otherwise an expense.
- Spivak 10y agoMaybe better phrasing would be you expect investments to appreciate in value. Although student loans could be viewed this way as investments they certainly not investments in the typical sense. You take out a car loan because you expect to extract more value from the car than its price plus interest. You take out a student loan for the same reason. If student loans were buying a some percentage of your monetary worth or income then I could see investment angle but that's basically owning a person which I couldn't support.