Loans, Worth It?
Loans, Worth It?
Out of context: Reply #44
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- studderine0
"Using the same figures presented
above, earning a college degree is seen to provide a real internal rate of return of nearly 12 percent. This means that if a student were to borrow the money to cover all of the costs of going to college and pay a real interest rate of 12 percent, he would have just enough in addit ional earnings over his lifet ime to pay off the loan with interest. Actual borrowing rates are, of course, much less than this. So the student makes out on the deal."
- http://wpcarey.asu.edu/seidman/r…