Huge student loan.

Paying for College
1

<p>I was wondering if it is at all a good idea to take out a loan of $74,000. The loan is sponsored by the school and has a fixed interest rate of 6.25%. One of the biggest advantages of this loan is that it freezes my tuition costs for my first year and carries to every year after. </p>

<p>Still, this is a fairly large debt. Is this manageable, and does anyone else have experience with a loan this huge?</p>

2

<p>geez, is this for undergrad or grad school? I’d be scared if it was just undergrad</p>

3

<p>That seems like a lot. What school is it?</p>