Is it smart to do this?

<p>It is NOT smart to go $200,000 in debt. Many people complete their four years and then pay off (or attempt to pay off) their debt over DECADES. It can affect your ability to buy a house, buy a car, decide you want to take a year off and join the peace corps, or go to graduate school. College debt can’t even be discharged by bankruptcy. I bought a $100,000 house 20 years ago and STILL haven’t paid it off, and I have a good job making good money, which isn’t a guarantee for someone just graduating with a BS or MS or even PhD.</p>

<p>You need to learn more about college financing - here’s a great place to start. <a href=“http://talk.collegeconfidential.com/financial-aid-scholarships/1151-financial-aid-scholarship-resource-threads-start-here.html[/url]”>http://talk.collegeconfidential.com/financial-aid-scholarships/1151-financial-aid-scholarship-resource-threads-start-here.html&lt;/a&gt;&lt;/p&gt;

<p>Here are only a few of the 200 posts that popped up when I typed “too much debt” into the search box in the top blue bar of this site.</p>

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<p><a href=“http://talk.collegeconfidential.com/financial-aid-scholarships/1378703-taking-out-loans-entireity-my-tuition-bad-idea.html[/url]”>http://talk.collegeconfidential.com/financial-aid-scholarships/1378703-taking-out-loans-entireity-my-tuition-bad-idea.html&lt;/a&gt;&lt;/p&gt;

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