<p>Hello! After being accepted into UConn and receiving my financial aid package, I learned that I may have to pay 30k a year. The way I will pay it off is with loans, however, over four years, that will accumulate to about 120k~. My parents said they will help me pay it off but I would probably have to pay off 40-60% of it on my own, after I graduate. Is it worth it? Regarding my major, I'm not sure yet but I would like to pursue a form of engineering. Also, for the reasons why I want to attend UConn is primarily because it has been my dream school for a long time. In addition, I dislike the environments of my state schools. Thank you! Please excuse any grammar mistakes I may have...</p>
<p>You really need to take some time to think about the situation. Think about how you will get $30K in loans per year. Stafford loans can only cover a portion of that. PLUS loans can cover the rest but your parents may not be interested in taking out a high amount of unsubsidized loans. The cost of attendance will also increase every year, but you can’t count on financial aid increasing every year (actually the opposite may happen).</p>
<p>If you end up paying 40% of that you would have to pay over $48K, which is a lot. I recommend you fully examine your financial situation with your parents and be realistic. Avoid getting into heavy debt.</p>