I commented elsewhere, but I came from a not-well-off single parent house. I paid for college with loans. Then I paid off the loans. If someone has done well i

I commented elsewhere, but I came from a not-well-off single parent house. I paid for college with loans. Then I paid off the loans. If someone has done well in school and wants to go into a stable, well-paying profession, it's probably the only area (besides a mortgage) that I'd recommend taking a loan. I paid zero dollars for four years to go to school and live and eat on campus. Going into an engineering program, the risk was relatively low that I would not be able to pay it back while still in my 20s (which I did). 20 years later, while the cost of the degree was high the opportunities that it made available were beyond what would have been available without it and payback was amortized over time.