Are loans wrong?(Campus Q & A)

Q The pastor my church says Scripture teaches that we shouldn't go into debt. He says we are to "owe no one anything except to love one another." I believe that God is calling me to a Christian college, but there's no way my family will be able to pay the Expected Family Contribution figure I saw on my Student Aid Report. Is it really wrong to take out loans for college?

A Many Christian financial advisors make exceptions to the "no-borrowing" principle when it comes to getting a loan to buy a home or start a business. If we think of your education in business terms, there is a significant return on the investment you would make by taking out loans for college. Let me …