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The Economics of Going to College and Getting Student Loans in One Minute

3,667 views · Published 25 February 2017 · 1:25 · Indexed 19 October 2026

Channel: One Minute Economics · 2017 · People & Blogs

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Is going to college worth it, especially in places such as the United States where you'd have to get a student loan? A tough question because even without student loans, going to college involves a huge investment of time, which is even more valuable than money.

Let's put the idea of going to college (with and without student loans) under the microscope. We'll try to find out if going to college is worth it for your specific needs, whether or not student loans are too much of a burden and so on.

If you want to become a doctor then yes, going to college and if necessary getting a student loan is pretty much the only way to go. But should you also go to college if you want to become a freelance programmer? Some might say yes, others might argue that spending so much time and piling on student debt is overkill for this occupation.

There aren't "one size fits all" solutions in the world of college and college debt, it's ultimately all a matter of deciding what works best for you and this video will help you do just that.

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