Please visit Paying Student Loans – Student Loans Debt for up to date news and information on obtaining and paying student loans.

By: Kim Soyung

Most Americans have mortgage debt and student loan debt.  These types of debt, even though they can easily be six figures or more, are better than having six figures of credit card debt.  Student loan debt is priceless because it has allowed you to get the greatest gift of all-a solid college education.  Even though it comes with a frightening price tag, your education will give you 10 fold back when you have a great career to show for it.
Mortgage debt is also good debt.  Even though you may owe close to what you paid for the house, you will have some equity, and your house will always have a price tag on it, in the worst case scenario.