<p>You might have received the BU financial aid guide today… or at least I did. They offer Federal Direct PLUS Loans in which your parents can take loans on your behalf, for a 7.9% interest rate for up to the entire annual cost of education minus financial aid. You probably will be in whatever debt you can handle, so decide wisely. You can defer all payments, while still racking up interest, until 6 months after you graduate.</p>