So you're kind of stuck with borrowing some. My own opinion is that borrowing of any sort must be used carefully but it can be very useful for long term investments. You have to look at what your likely income is at the completion of the degree. I'd think a payment of no more than 10-15% of your salary ought to be survivable. However the government pays no attention to this in making the loans. As example my elder daughter graduated with a double major in Math and Education and teaches at a public school for about $45K per year. She has not quite $30K in loans. On top of that she will get forgiveness of ~ 1/2 her loans if she teaches in this disadvantaged school for 5 years. So if you don't do a <foo> studies major but something with employment potential a proportionate debt is probably fine if you're frugal. It is important that parents make this clear to children. Many will figure it out, but other 20 somethings don't have the best judgment.
In an unrelated issue Instapundit recently had this. What utter nonsense to let someone get a college degree without algebra. It's not that you'll necessarily use it, it's just that without it real science and statistics are incomprehensible. It's too hard? Whiskey Tango Foxtrot!?! Neither of my parents had ever had algebra. My dad had a GED and my mom took only business math (although as a bookeeper she'd beat you cold in any arithmetic ). The High School I went to had it as a self paced course so I learned it on my own no sweat as a freshman. This is just low expectations out of stupid Liberal administrators
I think Robert Heinlein's character Lazarus Long had it right
Anyone who cannot cope with mathematics is not fully human. At best they're a tolerable sub-human who has learned to wear shoes, bathe, and not make messes in the house.That's my story and I'm sticking to it.
Tregonsee (L2) signing out for now
