Considering taking out a student loan to pay for college? Before you do–did you know that student loans are one of the most dangerous types of debt to have?
Recent reports show that Americans owe $1 trillion in student loan debt. Unlike with most debts, the current federal law states that student loans cannot be dissolved or written off in a bankruptcy. In this video, Financial Expert Suze Orman explains what to consider before borrowing money to pay for college–if you’re wondering whether or not you should, this video is a must!