<p>Is that 27k total for four years? If so, it should be manageable - roughly $300 each month for ten years.</p>
<p>But frankly, zero debt would be much better. I’m sure you can think of a lot of ways you’d rather use that approx. $300 each month for those ten years!</p>
<p>$27,000…in loans. Is that the Stafford loans? If so, I do not think it unreasonable for students to take the Stafford loans to support their college educations. If these are you ONLY loans…and you (the student) understand that you WILL have to pay them back (about $300 a month for 10 years)…then you can make the choice to go to Albany.</p>
<p>If you go to CUNY…would you be able to live at home? If not…the costs of housing would REALLY add to your costs.</p>
<p>I don’t know what your best bet is since you don’t seem to be so hot on going to Albany. The debt is pretty much what I and many others, including the government, feel is what an average student can handle, and you would be way above average if you do follow through with your accounting plans. But do YOU think Albany is worth the money? I don’t feel any love coming from your post about the option. If I did, I’d say go for it. Baruch is one fine school, and academically you won’t be hurting a bit getting your degree from there. </p>
<p>My son applied and was accepted at Albany as well. Yes, their accounting dept which was his focus too is excellent, and though he did not end up picking it, he seemed to like the school a lot more than you do. A lot to do do there, an active campus life–really a bit too active, it is surprisingly a party school for those interested in that aspect of college. </p>
<p>Also, though it sounds great, most kids change their majors. If all of the engineering freshmen got their engineering degrees, there wouldn’t be a need for engineers in this country. The same for accounting. You can’t count on a kid’s pick for a major. But to whatever you change, you are still within range of reasonable debt. </p>
<p>Thumper brings up a good point about living away from home going to a CUNY. Not as easy and much more expensive than at SUNY since the dorms, if any are very limited and living near NYC is not a cheap proposition.</p>