<p>So this is my situation.</p>
<p>My parents can pay for my tuition and college costs, etc and we're not getting much fin aid because we simply have too much in terms of assets and my parents are on the higher end of the pay scale.</p>
<p>However, i think it's their idea of responsibility when they tell me they want me to take some loans (like 5k a year for 4 years) for college that i can pay myself or something. I don't have a real problem with it because i've grown up trying not to be spoiled and to abuse my fortunate financial circumstances that i was born into. However, being in debt has always unruffled me. For example, I hate when i owe my friends money. We don't nitpick over a few dollars but i've owed them about 100+ dollars a few times and i didn't like the idea of "owing money".</p>
<p>So, my question is, is it worth it to get the 5k loan from the college i'm going to as part of the finaid? it was offered as part of the finaid package (i only got 2.5k in grants and 1.7k in work study...the rest was 5k in loans from the college). If i can help it, would it be better not to unecessarily put myself in debt?</p>