<p>I agree - your daughter won’t be able to take out more than the federal loan limits unless you are willing to co-sign on private bank loans for her. The federal loan limits are about $31,000, and I would definitely go into $30,000 of debt to go to Case Western. For an engineering degree, you can repay that money quite quickly, and that’s about the average for med school.</p>
<p>Even if you did co-sign for her, though, and she had $31,000 in federal debt and $20,000 in private bank loans - I’d still go to Case Western. I think when comparing two fairly comparable colleges the cheaper one is usually the better choice; or when comparing ridiculous debt to reasonable or no debt the cheaper one is also better. But $50,000 - while more than most students should borrow - isn’t outside the realm of repayment possibility, especially not for an engineering student. And the reason I say that is because I think the chances of her sticking with the engineering major are far greater than the chances of her sticking with the pre-med. Lots and lots of undergrad students are pre-med until they hit campus, or until after their first semester, or until after orgo…</p>