Richmond is a great school. I don’t think taking on the kind of debt you have on the table is a good idea given that your family is not going to be able to easily pay off that kind of money. Nor will you, as the interest accrues on the borrowed amount. Especially since you are aiming for Medical school which likely means more loans and more interest accumulating on borrowed amounts. It’s not “just” $70K, by the time all is said and done. Med school is expensive and many doctors have huge loans that are quite the burden to repay.