<p>There is a whole section on financing in the indian thread by some other parents weighing in.</p>
<p>My short answer - No, unless you have a TON of money laying around.
General consensus is a loan of 30-40K is fine but nothing more than that. You cannot depend on US education to repay that loan.</p>
<p>But seriously it has to be based on -
- how much loan do your parents need to take?
- what other sacrifices your family is making?
- how many other siblings do you have?
- what are your options in India.</p>