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College and University Discussion
Reply to "Is it common for kids to fund their private college education entirely on loans? "
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[quote=Anonymous]DH graduated law school 200K+ in the hole. I had a full ride for undergraduate, parents paid for law school, I took a loan for a LLM. We will be paying off student loans over a 25 year term. It is like a second mortgage. I would SERIOUSLY advise against it. At that age (18 for OP's example), it is difficult to understand how those kind of loans will truly affect your life later on. We were all told when starting law school that they could be paid off in a few years (assuming we all got a biglaw job, which was patently false).[/quote]
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