<p>So everything is pretty much set. I intend on going to Art Center this fall, moving down to Pasadena next Saturday and yeah...I thought I'd be pretty excited at this point, but there's something that's been on my mind.</p>
<p>Considering Art Center, my budget for my entire stay at Art Center ranges from around $150,000 to $200,000. My parents intend on just getting private loans to pay for my entire budget - that's the thing that really bugged me (had I known this earlier, I don't think I would've considered Art Center an applicable option). Considering interest rates and all that crap, I may end up $250,000+ in debt. </p>
<p>However, my parents told me that regardless, they'll help me pay for (at the very least) half of my private student loans (which would be about $100,000 ~ $120,000). So in the end, (including my the interest rate predication + my parents contribution for at least half), I believe the amount I may have to pay off would be between $80,000 ~ $150,000 (which is still an obsene amount).</p>
<p>So far, I've already borrowed $40,000 in private student loans for my Fall 07 + Spring 08 budget (this discludes my Subsidized Student loans and scholarships, which amount to about $6,000 ~ $8,000 or so). </p>
<p>Naturally, I accept my fate for being in debt (to be honest, I'm sick of people telling me how much of a bad investment it is. That being $100,000+ in debt isn't worth it for art). Of course I intend on going all out (on terms of skill and taking advantage of what Art Center has to offer). But I mean, is what I'm doing, what I'm getting myself into crazy? :S...</p>
<p>If I really wanted to, I could put a halt on things. My parents told me that if Art Center doesn't work out the 1st year - that I can go to another (most likely, less expensive) school.</p>