<p>Is an Engineering degree from University of Michigan worth being $150,000 in debt upon graduating?
My other option is Penn State. My debt, if any, would be no where close to that. </p>
<p>UMich is by far my first choice and dream school, but is it worth it?</p>
<p>No, it’s not. Go to Penn State.</p>
<p>NO WAY! Even Harvard is not worth more than $50k of debt, let alone $150k. That’s just a crazy number. You would have to pay $1,500 installments monthly for 10 years to repay that sort of debt. It is just not worth it. Penn State is a peer institution, particularly in Engineering. I would say go to Penn State. Heck, half the country confuses it with the Ivy, so you can actually benefit from it! ;)</p>
<p>Let’s just say that 150k in debt is insane.</p>