How bad are the loans?

<p>If I come from a prominent undergrad business school with $80-100,000 in loans, with plans to work in a metropolitan city and go for my MBA 5-7 years after graduation, how hard will it be to pay it off?</p>

<p>Unless you are making over 100K per year, you will find it tough. It is doable however.</p>

<p>Check out the thread, found at the top of the Parent's forum as a featured article,"Should you incur substantial debt for that dream school?" It is also one of the featured thread found at the top of CC. You should give your input to the thread. People should understand what you are going through. </p>

<p>Frankly, now you know why I would NEVER recommend taking on that much debt for any undergraduate school. It is too bad that you learned this too late. Perhaps, however, you can educate those who think that attending a good undergradate school at "any cost" may not be as smart as it seems.</p>

<p>Actually, the circumstance I described is the one I'm headed for. I'm a senior in high school stuck between NYU, USC and UMD College Park. </p>

<p>As for your thread, will do- thanks for the heads up.</p>

<p>I'm in the same situation with practically the same sort of plans. I'd also appreciate feedback.</p>