Question

Why is it dangerous to make minimizing debt your largest priority when making decisions in college?

Answer 1

A user @ClassixTailsBeatz has already answered this question before:
"Falling behind on student loan repayment can lead to delinquency and default. After just graduating from college, you might find yourself living on a modest income. If you have student loan debt on top of that, it could be a bit of a struggle to make those monthly payments." Hopefully this helps!

Answer 2

I don’t think the above answer addresses the question properly. The above answer explains why debt is bad, but that’s not what the question is asking.

The question is asking why it might be bad to prioritize minimizing debt over all other decisions. Although it is good to reduce debt, if you only consider the financial cost of decisions you may miss out on opportunities and be pigeon-holed into decisions you regret later. For example, if you try to save as much money as possible and go to a community college, you may miss out on the chance to go to a more prestigious school with better programs and name recognition. Of course, that may or may not matter in the long run, but it’s a good reason to consider other factors besides money.

Answer 3

Like I stated it was another user that found the same question and answer useful and they got credit for the answer. I personally think it answers it quite fine. Thank you for the feedback.