Is an Undergrad Debt THAT Bad??

Forti
Thu, 21 May 2009 22:01:07 +0000

I stumbled upon a research report today about the ill-effects of an undergraduate debt. It said along the lines that 45-60% of undergraduates with around 20-25k debts are not considering graduate school because of their debt.

So… how big of a role do you think a 20k debt plays in graduate school prospects? How about 30k? 40k?

Personally, I am choosing between Notre Dame and UC San Diego. I can pay in-state for the UC and graduate Debt-free… and I’d have to take out 20k total in loans to graduate from Notre Dame. The thing is that Notre Dame is a private school (4-year almost guaranteed) and has school spirit and community which UCSD kind of lacks. Any comments would be appreciated. Thanks!