I agree with the sentiment but I think somewhat higher loans are reasonable.
The rule of thumb that I use is total student debt shouldn't exceed the normal starting salary for a job in your field.
If you are getting an engineering degree, go ahead and feel free to drop $60k+ on an education, but if you are going to be a teacher start looking for grants.
The rule of thumb that I use is total student debt shouldn't exceed the normal starting salary for a job in your field.
If you are getting an engineering degree, go ahead and feel free to drop $60k+ on an education, but if you are going to be a teacher start looking for grants.