How Much Should You Borrow for a College Education?

Starting in March 2020, when former President Donald Trump announced that the Covid-19 pandemic was a national emergency, Americans with federal student loans did not have to make any payments. But, after more than three years and numerous extensions — by both the Trump and Biden administrations — required payments began earlier this month. That’s generated fresh talk about the nearly $1.8 trillion in student debt that Americans carry. But how much should a person go into debt for college?