Is it worth going 40K in debt to attend UMN?

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BoomBoom1986
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Joined: Mon Oct 19, 2009 1:37 am

Is it worth going 40K in debt to attend UMN?

Postby BoomBoom1986 » Fri Mar 12, 2010 12:12 pm

Or am I an idiot?

I got some scholly $, and my parents are going to throw a little in and foot the bill for my “cost of living.” However, I’m still probably going to have to take out roughly 40K in loans. Is it worth it ITE to go to a T20 (but non-T14) school and come out in debt? Or am I just throwing my money and credit down the toilet? Any and all advice is much appreciated...

*Oh, and I WON’T mind working in the Twin Cities for awhile after I graduate.

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BarbellDreams
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Joined: Thu Mar 19, 2009 6:10 pm

Re: Is it worth going 40K in debt to attend UMN?

Postby BarbellDreams » Fri Mar 12, 2010 12:41 pm

40K total for the 3 years?! I don't care how debt adverse you are, thats a good deal.

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TTH
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Re: Is it worth going 40K in debt to attend UMN?

Postby TTH » Fri Mar 12, 2010 12:43 pm

Double-posting makes Baby Jesus cry.

BoomBoom1986
Posts: 146
Joined: Mon Oct 19, 2009 1:37 am

Re: Is it worth going 40K in debt to attend UMN?

Postby BoomBoom1986 » Fri Mar 12, 2010 1:10 pm

TipTravHoot wrote:Double-posting makes Baby Jesus cry.


I'm an atheist :twisted:

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Great Satchmo
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Re: Is it worth going 40K in debt to attend UMN?

Postby Great Satchmo » Fri Mar 12, 2010 5:27 pm

I think most, if not all (with obligatory exceptions), of us will come out with COL debt around $40k-$60k.

$40k is nothing.

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barrel_bra
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Joined: Mon Mar 08, 2010 11:48 am

Re: Is it worth going 40K in debt to attend UMN?

Postby barrel_bra » Fri Mar 12, 2010 7:13 pm

You'll have $70k less debt than me when I'm done.

I'd go for it.

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UF Gators
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Joined: Mon Mar 30, 2009 12:57 am

Re: Is it worth going 40K in debt to attend UMN?

Postby UF Gators » Fri Mar 12, 2010 7:27 pm

$40k coming out of UMN is completely worth it.




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