If you think it is just 50K in debt, then you aren’t a math major. The initial principal may be 50K, but the loan repayment will include interest, plus there is the opportunity cost tied to the repayment of the debt. Wha tis also lacking in this discussion is that Texas Tech’s Honors College is consistently ranked as one of the finest in the country. So, the cohort this student would be with likely would be the same in Lubbock as it would be in Nashville.