Worth the debt? New study on student loans [Video]

(InvestigateTV) — A NerdWallet study found 30% of borrowers feel college wasn’t worth it for the money they spent.

Around 20% report borrowing more money than they needed just because it was offered. Meanwhile, 31% said their student loan debt is preventing them from buying a house.

Kate Wood, a writer with NerdWallet, looked over the research and said despite the regrets and misgivings about the money spent, if you look at the glass half full that means 70% did find college worth it. 

“There are a lot of different reasons why people might have, you know, regrets now about the choices they made,” Wood said. “When for a lot of folks when they were 17, 18, 19, 20 years old.”

Wood said another interesting finding in the study is that almost 1 in 5 Americans with student loans keep the balance a secret from their significant other.

She said debt often comes with a stigma …