<p>A lot of this decision comes down to how able your parents are able to handle the debt if you can’t pay it back They will have to start repaying the loans soon after you are no longer a full time student. If you end up going to graduate school or can’t get a job where you make enough to repay your obligations AND theirs, they could find themselves in trouble. </p>
<p>You can’t count on a job with the FBI or anywhere. There are some fields where there are shortages of those needed with specific skills, usually STEM, some medical fields, CPAs, etc, but these government jobs often have hundreds if not thousands of applicants for each position. You don’t know if you’ll ever land such a job. I know dozens of family members, acquaintances, and hundreds of stories of those who have been on certain job lists for years with no bites. Also, getting loan forgiveness is not that easy. I’ve known many who have been sadly disappointed in a number of such programs. Also parent loans are not included for forgiveness.</p>
<p>Also, please go over graduation requirements. I’ve known three kids who transferred into USC, and each and every one of them, all very bright kids with lots of credits from other school and where ever, and they ended up staying an extra semester much to the chagrin and pain in the wallet to their parents. This happens often to transfers. </p>
<p>Have you taken out any loans yet? What exactly are the numbers of what you (you can borrow $7500 of DIrect loans each year) borrow and what your parents will have to borrow to get you through the next two years? Can you or your parents pay any of that $33.767 from income, or is this the minimum you two combined have to borrow or what? </p>
<p>No real advice here, just pointing out some things I noticed. </p>