<p>Billy!, I’m glad that you worked it out with your parents. It is a whole different ballgame with your parents being willing to take on the debt then it is with you financing most of a $200k education. Good luck at Tisch! :)</p>
<p>ajrover, I doubt anyone on this thread is out to mislead Billy! This board is all about offering an opinion and letting the OP decide. Your perspective is from a student according to a recent search of your posts. My perspective is from a parent of a Fall 2010 Theatre major. Additionally, I have experience paying a mortgage, utilities, grocery bills, insurance, etc., AND paying back student loans of “only” $40k so I know all about monthly income and monthly payments. Finally, my kid grew up in the business so I know something of what it is really like to audition and book professional acting jobs. I believe in dreams and in dreaming big, really I do. But I would NEVER let my kid take on undergrad debt of nearly $200k and he’s got a head start careerwise. I’m NOT saying my opinion is more valuable than yours. I’m just saying that paying back student loans is a you know what and people should think long and hard before they take on the debt.</p>