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NerdWallet: How college students get trapped into loans they can’t repay

This article is reprinted by permission from NerdWallet.

Students take on college debt with the best of intentions. They’ve been told that a college degree is a ticket to success. That they should pursue their dreams. That student debt is good debt.

But how do smart students wind up with debt they can’t repay? Here are three reasons, plus ways to avoid these financial traps.

They’re told it’s ‘good debt’

In high school, students hear that they should earn a college degree to have a well-paying, successful career.

“We as a society kind of have this compulsory higher education,” says Daniel T.

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