If your parents are willing to borrow money to send you to the college of your choice, don’t deprive them of that opportunity.
They know their own finances and if they say that they can afford it and it’s worth it to them, then it is.
However, be careful that they are not borrowing so much that they will have to depend on you for financial support later. If that is the case, it does not look like a good idea for either you or them.
Also check that they can borrow that amount for all four years. You would hate to get stuck junior year with no money to continue.
Howard is a great school. A black Ivy. Why not go and be debt free? You are about to be out in the real world as an adult. You need to make your own decision, not your father. Howard opens doors for many students. You could go to the other choice schools, but fail. do you know how many kids want to go to school for free?
Thank you so much to everyone who commented and helped. I finally made a decision and committed to Boston University .
I called my dad earlier yesterday and we spoke about it again, and he reassured me that money will not be a problem. He also said that I should choose where I would want to go (which was BU), so I did. I trust my dad and his judgements, so now I am looking forward to the next 4 years. <:-P
Some parents are great with money, and they really know whether they can afford to take on debt.
Some parents are naive and impulsive, and while they “think” they can afford the cost/debt, because they really WANT something, at some point they realize that it’s not affordable…maybe in year 2 or 3 of college? Maybe afterwards when they’re trying to pay back the debt…and can’t…either because it’s just too much or they have a set back.
Every year we see kids having to leave their schools because families suddenly realize that the “affordable” school is really unaffordable.
When parents are being unreasonable, in this case in regards to Howard, I wouldn’t necessarily trust their judgment on what they can afford.