I also agree- do not think it’s a good idea for parents to take out loans for kids. I think if parents are able to pay full tuition or part that would be different but asking parents to take out loans for your school even if they said they would is not a good idea. Some parents will pay up to their resident state tuition and then the rest are sometimes taken out by the student- but for your parents to take out huge loans for Umich is not a good idea at all, I don’t know many students who would ask their parents to take out loans for them. But maybe there are…