<p>Not to sound totally like a mom, but if “all your peers” were jumping off the Empire State building, would you think that was a great idea? 
Six figures of debt for an education is a horrible idea. A big burden. Like buying a brand spanking new car every year for 4 years – you wouldn’t try that, would you? </p>
<p>Those are student loans equivalent to a house (in some places) that you are paying as soon as you graduate, for decades. On a starting salary. Go read some of the threads about finances and see how many people regret the debt load they take on. Because a bank or financial agency will allow to you take on that debt does not mean, in any way, that it’s a good idea.</p>