OP you have gotten great advice. Forgive my overstepping but I can say that for one of our kids, I would suggest the Bowdoin route and for our other student, the no loans route. There is no wrong or right answer, I think that the pros and cons have been laid out and now it comes down to what type of experience you want – and what level of economic risk / frugality you are comfortable with.
The loans do sound high, but I do wonder if you couldn’t mitigate them. You haven’t wanted to bring your family’s financial situation into this thread so I respect that. BUT…if your parents are estimated as being able to come up with 6500 a year maybe there are some resources there. If you worked and scraped together some money I could see your taking out only the subsidized amount. I know one of our two students would have gone that route.
Of course I certainly understand the thought that, why would you pay off loans when you can get an education for free – and again for one of our kids I can tell you hands down that would have been the decision, both on her part and ours. Having no loans so you can do grad school without worry…money to do internships, travel…not being stressed all the time and always counting your change – I get it.
Both are great options and I am just hoping you will let us know what you decide.