Budget/Finances

by Caitlin Meadows Student loan debt is often deemed the “good kind” of debt. It’s referred to as an investment in the future. For many students, its a means to an end. But what about the Christian student? Is student loan debt an exception to the biblical rule? Before we get to answering this question, let’s take a closer look at the current student loan situation in America. Current student loan debt statistics in the United States. According to Debt.org, the total U.S. student loan debt is currently at $1.4 trillion. In 2016, upon graduation the average student debt was $37,172. [...]

by Caitlin Meadows Proverbs 22:7 encourages debt-free living. The rich rules over the poor, and the borrower is the slave of the lender.” But what about student loan debt? For those wanting to earn a degree, student loans seem like the only real option. However, with the national student loan debt at $1.4 trillion, the number of student loan skeptics are growing, too. This skepticism is growing particularly among Christians who desire to be responsible stewards of their time, minds, futures, and finances. In my previous article on the subject, I made the following point: There are many factors that contribute [...]