Student's Voice: Taking on Debt

Applying to College
1

<p>To all the kids planning on attending 40-46k per year schools, how do you guys feel about taking on debt? I want to talk about this with other students and as someone who wants to go into business, I think financial stuff is important. They talk about this in the parents forum a lot, but I want to hear what other people my age think</p>

<p>Even those Stafford and Perkins and college loans need to be paid off, on top of any loans you may have to take out as a result of gapping at your school.</p>

<p>How much debt are you willing to take on to go to your dream school?</p>

<p>40k?
60k?
100k?
120k?</p>

2

<p>40K is probably the max for me.</p>

3

<p>$25k.......</p>

4

<p>0 after 4 years, ... maybe more in grad school. or 0. hopefully.</p>

5

<p>cmon, no one out there wants to voice themselves</p>

6

<p>I dont have to worry about it...but to go to my dream school id be in debt as much as i had to be.</p>

7

<p>Realistically I'd say about $10,000 a year...much more than that in loans and I might opt for a cheaper college.</p>

8

<p>I'm not taking on any debt.</p>

9

<p>bob, where are you looking to go?
scarlet, where are you going?</p>

10

<p>I'm going to Wake Forest.</p>

11

<p>I'd take on up to 50k in debt to go to my dream school.</p>

12

<p>Scarletleavy....what you say is actually very difficult for many families.</p>

<p>Many are compelled to take on loans to send their children to any college.</p>

<p>My opinion....not more than $25K....u dont want to work for the next few decades after graduation only paying off your debts......but I dont think all would agree with me!</p>

13

<p>I understand that. I'm very thankful for the fact my parents can and will pay for college.</p>