My point was that it is important to do thorough financial analysis… not just over-stretch because the family likes the result.
I’ve read lots of posts of parents saying thngs like, “we’ll find a way to make it work… sweetie pie LOVES the school”, and I’m not sure they really have studied impact on retirement etc. (assuming jobs stay OK). If the parent loan repayments are going to be far greater than what they’ve been saving monthly for college in recent years, then ya gotta wonder if it can work.
The reason it is important for us strangers to say these things bluntly here is because worried friends/family may be hesitant to say so in person. Many readers may find it offending and should ignore. If 1 in 10 readers avoids unwise debt burden because of these threads, then we’ve done a good service.