It's time to banish the notion that all student loans are "good" debt. These products unquestionably offer the opportunity to boost one's career -- college grads make 60 percent more than those with only a high school diploma. But the changing nature of the private student loan industry -- which in recent years doled out dollars with the enthusiasm of subprime mortgage lenders -- makes it critical for students to assess the risk, and borrow with a realistic idea of future earnings potential. In fact, these loans are worse than subprime mortgages, because they can haunt the borrower for life. Read more...