Controlling and Getting Rid of Student Debt

Most of the students nowadays fear debt (Education Guardian, 2006). However, debt is not necessarily a bad thing, if you can control it. Learning how to control it early on pays dividends for the rest of your life, as the likelihood is, you will owe some money to someone until retirement, be it a mortgage, loans or even leveraging a business. Simple corporate finance rule of thumb states that individuals and businesses can benefit from a correct ratio of debt in their portfolio (Brealey et al., 2003, p. 532).