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The Boston Globe

Business

Ron Lieber

Cost of a college education complicated by many factors

Figuring out how to pay for college has quickly turned into one of life’s most complicated financial decisions.

This is not because the decision involves the largest number of dollars, although it’s getting there for many families. Instead, it’s because of a number of confounding factors. There’s the uncertainty about a student’s future ability to pay back student loan debt or whether spending twice as much for some schools will lead to a future that’s twice as lucrative or happy.

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