<p>Remember too, that your D is limited to the Stafford loan limits (which many think is all that a student should carry) on her own. Any other loans require cosigners or are loans for the parents. Don’t forget that cosigning also dings your credit score and there have been cases of parents cosigning for years one or two then getting denied for subsequent years because the credit score has dipped as the loan balance has grown. There are loan repayment calculators that help one see what the loan repayment would look like and the salary required to carry that loan. If your D is clear eyed and level headed, you may want to play around with some of the scenarios and use some sites with average salaries for her field to compare. One often recommended site is:
[FinAid</a> | Calculators | Loan Calculator](<a href=“Your Guide for College Financial Aid - Finaid”>Loan Payment Calculator - Finaid)</p>
<p>If you head to the financial aid forum on this site, you can peruse some threads about loans or post your situation there as well.<br>
Good luck!</p>