<p>Again, the question is how <em>much</em> debt the student has. $20K can be absorbed. $100K would be very difficult without familial back-stopping. Let’s see…we put a little over $20K per year of our own money, current & borrowed, into Smith, about half of what P&D is contemplating. Obviously it depends upon income & circumstances. For us, the loan amounted to a good sized car payment…and since we’re making do with the cars we have, that works. For some, such a load would be impossible. For others, merely inconvenient. We also had but a single child, no siblings to finance. </p>
<p>Crew Dad - How would a CS major complicate this decision?</p>
<p>I believe that he meant a CS major would likely have a higher paying job than the average graduate and would be able to handle a higher level of debt.</p>