<p>I just got the letter from the University of Illinois at Urbana Champaign, and they offered me a loan of $23,000. I'm gonna major in Engineering, and I'm not sure if that is too much. I would be something like $100,000 down at the end of my 4 years. My dad told me to go for it, since as an engineer I would pay it easily, but I'm not sure. Does anyone have similar problems? I mean is it crazy to do it or is it something other the students do?</p>
<p>That's a lot of debt for a student just starting work to deal with. Most don't graduate with near that much. Do you have other options?</p>
<p>Hmmm...Not really. Maybe to get a job, but you know majoring in EE and probably Physics won't give me much time to work. Well not really. I was thinking if I got instate status after 2 years I might cut down that approximation to roughly 70,000-80,000. Also I got into University of Chicago so I might go there, but the price is similar. I don't know. I'm really confused and not sure what to do. Also assuming I do well I might get some kind os scholarship but that is all uncertain.</p>