Is my finaid normal?

alumdoll
Mon, 27 Apr 2009 17:18:03 +0000

What is your major? 60k for four years is not bad, depending on what work you go into you could be making around that much or more when you graduate. Are your parents doing a Parent Plus Loan as well? I believe this is what my family did, and the total amount I had to pay back myself is much less.

This is something you should talk over with your parents some more and work out. My family has the same philosophies: the cost of education is worth it.

BUT be sure that you are willing to live with that cost when you graduate. Our economy could improve in 4 years, and who knows, you may consolidate at a very low rate. Definitely something to think over. However, I think as long as you aren’t looking at over 100,000 dollars you shouldn’t completely throw the offer away just yet.