Motivation. That is the key word. Is it for the greater good or self interest.
is going to school for knowledge or for money.
I'd feel pretty bad if I had to give away part of my income for the rest of
my life to pay for my education. I'm very glad I worked my way through
university and now all my income is mine.I didn't go into debt
to pay for my education, but even that seems preferable to selling a portion of
your income for the rest of your life because you can pay debt off then you are
done with it.
CJB, About 30% of college students do not borrow. If you can pull it offwithout loans that is a great choice. As for the question of debt vs
equity to finance, there are good reasons for either path.The equity deal
discussed in the article is a 10 year commitment just like the standard
True equity is making everyone pay their way.