Would you borrow to get a degree (for yourself or for your kids) from a reputable university like Harvard or Stanford? Loans for buying a house, education and starting businesses are considered ‘good’ because they create assets that increase future income. But how does one calculate the (net present) value of the degree that combines education and signalling? As I caught up with cousins, we debated this in light of our careers turned out with and without brand name degrees, and discussed what our kids should do. What do you think? Would you take an education loan? Or has the internet (and availability of free courses) democratised education enough so we should focus on signaling/testing talent? #personalfinance #educationloan #finance …see more