<p>Someone once told me that debt that a person accumulates because of going to undergrad and grad school is called "good debt?" Is that true? What this person meant by that phrase is that creditors would not hold it against you if you have "good debt." If you want to take out a loan for a house, your "good debt" would not be a factor in you not recieving that loan. Is all of this true?</p>
<p>Yes, that is true. There is also a dichotomy between good and bad crimes. Good crimes include money laundering, tax evasion, and inside trading. Bad crimes include theft and murder. Hope this helps you get into college. ;)</p>