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Have the ‘good debt’ vs. ‘bad debt’ rules changed?

October 28, 2012
By JASON ALDERMAN , Parkersburg News and Sentinel

Before the Great Recession of 2008 overturned many long-held financial beliefs, it wasn't uncommon for people to differentiate between "good debt" and "bad debt." The thinking was that certain kinds of debt were worth taking on because you come out ahead in the long run. Buying a home and financing a college education were two notable examples.

 
 

 

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