What is a reason an individual could have that much debt and still consider it worthwhile
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What is a reason an individual could have that much debt and still consider it worthwhile
1 Answer
Verified archiveAn individual might take on significant debt to invest in their education or to start a business. The potential for higher future earnings or profits can justify the initial financial burden. The expectation is that the long-term benefits will outweigh the costs of the debt, making it a worthwhile investment despite the current liabilities.