<p>I have the same amount of loans offered to me, as well (although from a different school), so I’ll just tell you the conclusion I came to.
Basically, this means that we’ll be about 28k dollars in debt when we graduate, if we accept the package “as-is”. Personally, I was a little worried about that, so I looked for different options. I’ve since discovered that just by taking a seasonal job in the Summer, I could cut down my debt to about 14k. If I work during the Winter and do some work-study, (which will probably only cover transportation/books and personal expenses, anyway) I could potentially graduate with about 10k-12k in debt, which doesn’t seem so bad.
I used this calculator to then determine how long it would take to pay off my debt, which ended up being about 3-5 years. ([Student</a> Loan Calculator - CNNMoney](<a href=“http://cgi.money.cnn.com/tools/studentloan/studentloan.html]Student”>http://cgi.money.cnn.com/tools/studentloan/studentloan.html))
I would also advise you to take a look at your major’s average starting salary, and compare your debt to that.
Don’t worry too much though. If you’re willing to work a little, you’ll be fine.
EDIT: Oh, I didn’t see your second post about the EFC thing. I’m going to leave the rest of this post, just in case it comes in handy, even though I feel a little dumb now. :P</p>