This is the first lecture in a series of lectures that I am tentatively calling "How to Do Well in College." This first lecture focuses on how student loans work and how they constitute a smart risk, wherein students are betting on themselves. The result is that it is incredibly important to study and graduate from college. In order to explain this, I have to explain some things about my own family and my great-grandfather, and also the nature of the home mortgage loan.

Here are three good articles about the income boost that comes from a college degree:
https://www.insidehighered.com/news/2...
investopedia.com/articles/personal-finance/062515/college-tuition-vs-investing-it-worth-it.asp
https://www.economist.com/united-stat...