https://www.live-feeds.com/feed/the-problem-with-good-debt-why-borrowers-should-think-twice-about-the-labelContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/the-problem-with-good-debt-why-borrowers-should-think-twice-about-the-labelhttps://www.live-feeds.com/feed/the-problem-with-good-debt-why-borrowers-should-think-twice-about-the-label#u137214Mon, 19 Oct 2026 20:30:50 +0000Financial experts and former FDIC chief Sheila Bair are urging borrowers to rethink the label of good debt, which typically applies to mortgages and student loans. This classification may mislead individuals into ignoring personal affordability and the risks of overextending themselves. The perceived value of student loans is specifically declining as rising college costs and a difficult job market make degrees less likely to pay off for some borrowers. Experts suggest that the ability to afford the risk is more important than the type of loan.Why it mattersTraditional financial advice disting