<p>The loans are in your parents name, but WHO is supposed to pay them off? YOU or your parents. If the agreement has been that YOU are the one who is supposed to pay the loans back, then racking up another $30k may not be the best idea.</p>
<p>While I agree with the others that you should get your BFA degree, so that you have it, I don’t like the idea of adding another $30k of loans on top of the existing. The BFA degree isn’t going to earn enough to support that much debt. It may be best to cut losses now.</p>
<p>I doubt that the parents are going to disown their child if she changes course. </p>
<p>However, OP…how do you know that you won’t change your mind again?</p>