Higher Education: Can Debt Beat Savings?

Stackpole, David

Higher Education: Can Debt Beat Savings?

Stackpole, David (2021) "Higher Education: Can Debt Beat Savings?," Journal of Student Financial Aid: Vol. 50 : Iss. 2 , Article 1. Available at: https://ir.library.louisville.edu/jsfa/vol50/iss2/1

10 Pages Posted: 6 Jul 2021

See all articles by David Stackpole

David Stackpole

Independent

Date Written: June 16, 2021

Abstract

This paper investigates the possible opportunity cost of using standard college savings plans against the advantages of using debt to pay for college. In addition, it presents a practical argument for using debt in place of college savings plans in certain instances.

By doing so, investors may not only be able to mitigate the difficulty of saving, but also realize greater financial benefit in the long run.

Keywords: 529, college, debt

JEL Classification: G00, G11, D14

Suggested Citation: Suggested Citation

Stackpole, David, Higher Education: Can Debt Beat Savings? (June 16, 2021). Stackpole, David (2021) "Higher Education: Can Debt Beat Savings?," Journal of Student Financial Aid: Vol. 50 : Iss. 2 , Article 1. Available at: https://ir.library.louisville.edu/jsfa/vol50/iss2/1, Available at SSRN: https://ssrn.com/abstract=3871425