In my previous books, I’ve warned time and again against the use of almost every kind of debt. One of the two exceptions to this piece of advice is the responsible borrowing of money to finance a college education.

The reason for this exception can be best summed up by one of America’s top money gurus, Ben Franklin. Back in the day, Ben was quoted as saying “An investment in knowledge always pays the best interest.” With a college degree resulting in nearly $1 million more in lifetime earnings than a high school diploma, I think Ben knew what he was talking about. Borrowing to earn a degree can be the best investment you ever make.

In this part, you learn how to borrow money at reasonable rates, even if you think your household makes too much money. Even better, you learn about repayment programs that don’t strangle you as soon as you graduate and some nifty programs that might just wipe out everything you owe.