Is it worth it to be in debt for undergrad?

<p>Let me give you some background about my situation: I was accepted into Indiana University Bloomington, my second choice (didn't get into University of Illinois). My major is going to be finance. Indiana's price tag is going to be $130,000 for all four years. My EFC is a little bit over 6,000 and Indiana is giving me 6500 in financial aid (all loans and work study), so is it worth it to be in debt 100,000 for undergrad?</p>

<p>Thanks in advance</p>

<p>In my opinion - No. That is way too much debt for undergrad.</p>

<p>Well, I think it depends. Did you get into other schools that you consider equal to Indiana that are more affordable for you? Personally, and I know nothing about you, or your academic record, I would not pay that much to go to Indiana University Bloomington.</p>

<p>I made a mistake, my parents can afford to pay way more than 6,000 a year for college thats just my EFC (I don't know how its that low my parents make 85K a year) they can pay more like 15K a year so its more like 60,000 in debt</p>