How to determine whether a college is worth the debt?

<p>It’s personal, just like some of us carry a huge amount of consumer debt and some don’t. If I have to venture out with a rule, I’d say the total amount of student loan should not exceed 75% of the first entry level salary (ELS) job. I would definitely back off if said amount equals or exceeds the ELS. So, your intended career would/should play a big role in your consideration. Don’t make rosy assumption, even if it’s in the STEM fields.</p>

<p>PS - Just saw this thread started, worth to click once in a while :wink: <a href=“http://talk.collegeconfidential.com/college-search-selection/1189159-sharing-bad-college-decisions.html[/url]”>http://talk.collegeconfidential.com/college-search-selection/1189159-sharing-bad-college-decisions.html&lt;/a&gt;&lt;/p&gt;