<prompt> Human: I am wondering if any of this is valid, because it seems like bunk to me, but I know nothing about personal finance. If you were in a position to pay for a semester of college, but wanted to blow that money instead of use it on college, would you? This is the exact situation my boyfriend is in. He was going to put it towards his tuition until his buddy told him to just spend it how he wanted and take out a loan. With the rationale that repaying the loan after graduating will boost your credit score. Is this...a thing?Other details: we are in the US, state school, so tuition will be about 5000semester. Other expenses are covered. Without this money he will have a smallish 10,000 loan to pay off anyway. I cant really wrap my head around how it makes financial sense to pay an extra 5000 to improve your credit score a bit.  <response>: You shouldnt pay interest to build credit.There are ways to do it for free. Tell him to get a credit card and pay it off in full every month. 