Is this too much debt?

polarscribe
Tue, 29 Mar 2011 20:00:30 +0000

Yes.

Anything much more than $25,000ish (4 years of max Staffords) is too much debt. Maybe $30,000 at a stretch, but $70-80,000 is over the top.

Run the numbers for yourself and see how much you’d be shelling out each month. Your Guide for College Financial Aid - Finaid;

At $80k, you’d owe a skosh under $1,000 per month for the next 10 years.