Everything in life is based on risk vs. reward. It's the same when it comes to choosing a college. How much are you willing to risk on a student loan for the reward of working in your chosen field and being able to pay the money back?

Now you can find out how some colleges are doing as far as enabling you to pay the money back while being able to pay your bills with the Obama Administration’s "College Scorecard.”

The new tool combines data from the Treasury and IRS with Department of Education records on more than 7,000 colleges and universities, going back 18 years. Anyone can access the data that shows how particular colleges are doing at enabling students to pay back loans and pay their bills.

NPR’s “Planet Money” team used the data to create their own rankings of colleges, including those in New Jersey, who made the list of “Schools that make you money.” The list included Princeton and Steven’s Institute of Technology. Princeton also made the list of “Schools that emphasize upward mobility.”

How have you made out with your college risk vs. reward?  Are or were you able to pay back your student loans while being able to pay our bills? Do you see a light at the end of the tunnel? Leave your comments below.