Too much debt?

<p>I've been reading this very interesting thread. My d has been accepted to a private institution but after completing our FAFSA there is no way we can afford the tuition even with $9k scholarship she's been offered. I can see how some parents will allow to take out the loans because they feel their child deserves that type of education. My husband and I have been beating our brains out how we can make this possible. My d really wants to go to this school but understand our financial situation. </p>

<p>Anyway, I wanted all your thoughts on the ROTC programs that most schools offer. As a nursing major, I understand that the in-college scholarships for nursing majors are pretty available with a maximum of $15,000 a year for 3 years. She's a military brat herself so she's familiar with the commitments.<br>
Factoring in our "real" EFC with this plan, that would leave us with $8k-10k loan per year....which will probably be the same if we sent her to our state school where financial aid/scholarships are slim.</p>

<p>Of course if she did the ROTC program at the state school we would have no loans.</p>

<p>Any thoughts?</p>