That said, I don't like being in debt as a lifestyle.
Pay off your loan in half the time or less if you can. Bad debt and worse debt is a good way to look at it. Good post today, I really enjoyed it, and I'm looking forward to winning a book later. The concept of bad debt comes in when discussing the purchase of disposable items or durable goods using high-interest credit cards and not paying the balance in full. On both college and housing, I'd recommend you keep your expenses low, plow as much as you can into debt repayment, and get out of debt as fast as you can. That said, I don't like being in debt as a lifestyle.