No. of Recommendations: 1
It's so weird how distorted some people's idea of risk is.

A college student with very little down and no other assets is taking a large % chance of failure but the consequences are pretty low and the chances of recovery from a failure are quite high, especially when considering the time available to put the knowledge gained to work.

Furthermore, I don't see how student loans have the worst terms of any form of debt. Maybe they are different now but back when I had them they were 0% until 6 months after you stopped being a full time student (5.5 years in my case) then went to 5% fixed. I'd love a 0% loan for the first 5 years and 5% thereafter today. I don't even have a property to buy right now but if any of you want to give me a loan on those terms I'll take it and find something profitable to do with the money.

In other words a hearty atta boy/girl to the college student!
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