Tuesday, November 29, 2011

College debt Post Hoc fallacy

Joanne Jacobs asks: Is fear of debt worse than debt itself? College students who borrow are more likely to go full-time and complete degrees.
Is it the going into debt that causes the degree completion, or is it that those who feel confident of their ability to finish are more likely to incur some debt to do so?

Should I go into debt to ensure that I finish?

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