Reply to Is $25k college debt bad? - Current College Student

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[quote=Anonymous][quote=Anonymous]Debt is to be avoided but in this case you are choosing an environment/experience that you need to succeed/maximize your learning.  That is worth borrowing for.

The amount is equal to a car loan.  Or the price of two older used cars.  But this degree determines your life path.  So I think it's worth it.

If the academic experience is meeting your needs, it's worth it.  Keep your grades high and look for scholarships.  Also do plan to economize when you get out of school.  When you are in your early 20s, that is the easiest time to share housing and live modestly.[/quote]

Especially since $25K is not that bad.  It's about the maximum reasonable amount people should take (hence why it's also ~the federal student loan limit for 4 years).  It's personal choice.  IMO, I likely would have taken the state U free ride because I recognize that is still a large debt payment for 10 years and if you are "hoping you can make $60K when you graduate" you are not in a high paying field initially.  But it's definately manageable if you budget and make a plan to pay it off in less than 10 years.  
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