Crazy Debt....What were the parents thinking???

LCalum
Tue, 05 May 2015 20:12:34 +0000

We were faced with this issue as our son fell in love with a school that ended up being out of reach. Held out hope for enough merit money or finaid, but in the end we told him the situation wasn’t prudent. Did give him the option of taking on debt to fund it …but in the end he realized it wasn’t worth the $15K per year extra ($60K total) versus the other options he had to attend undergrad.