Federal student loans are a major driver behind increases in college tuition costs (1). Like you say, debt isn't necessarily bad - but there's a strong argument

Federal student loans are a major driver behind increases in college tuition costs (1). Like you say, debt isn't necessarily bad - but there's a strong argument that subsidized debt and the lack of risk in granting loans just gives a bigger pool money for institutions to take from. Point being, federal loans are not a good deal. Each dollar you borrow effectively increases your tuition by 60 cents. (1) https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr733.pdf https://www.newyorkfed.org/medialibrary/media/research/staff...