<p>Which is better. Our EFC is approx 30k per year. My daughter will recieve about 8k in scholarship and 3k in student loans. Her choice of school will total approx 40k per year. My wife and I make a decent living..midldle to upper middle class. We live check to check, minimal savings. Have 2 sons waiting in the wings in about two years. Which is a better way to borrow for the next 4 to 8 years??? I know state school is the smarter way, but I really want to help my daughter get what she wants. She will be paying half of all costs back when she gets out of school and starts making a living.</p>