Undergrad Debt

<p>I'm currently in high school, and I'm planning on going into medicine. I am planning on going to Michigan State next year. My parents aren't poor, and they aren't rich. Long story short- I'm on my own. Room/board and tuition are about $20,000 a year. I would go to community college to avoid massive amounts of debt. However, the classes at my local community college do not offer all of the classes I want. </p>

<p>I'm not planning on getting any scholarships (no expections = no let downs). </p>

<p>I've been trying to get a job to help save up for college, but I'm in michigan - enough said. lol.</p>

<p>Next year, I'm planning on getting a on campus job- but I'll only be making about $3,000 a year. </p>

<p>So heres what I'm asking..
Is it worth it to possible take on $80,000 in debt for undergrad? I know I would be getting a great education...but $80,000 is still a lot of money!</p>

<p>Have you applied to any other colleges other than MSU? Are you dead-set on going to MSU? If you keep your options a little more open you may end up getting a better deal somewhere else, although you should get SOME sort of aid if you went to Michigan State. Depending on your credentials, different schools may end up being much better cost-wise especially if you apply to less “popular” schools like Wayne, GVSU, etc.</p>

<p>I also applied to CMU and ferris. But tuition and room/board are still between 15-22,000. If I’m inevitably going to have to take out loans, shouldn’t I go some place I actually want to go to?</p>

<p>Yes, if all you would do is take out loans to pay for college no matter where you went, go to MSU. However, all of those colleges may be the same price initially, but they don’t give out the same amount in scholarships. I don’t know what your situation is or what types of scholarships Central and Ferris give out, but I’d say it’s worth a look on their website to see what they have to offer. You could also look for independent scholarships from something like fastweb.com, and see if there are any local scholarships available around where you live. If you believe it’s worth potentially paying full price to go to MSU and there’s absolutely no place you’d rather go, go to MSU.</p>