<p>Here’s a cool undergraduate loan calculator, so you can see how much different amounts of debt look like in terms of monthly repayment after you graduate. It also has info about starting salaries in different fields.</p>
<p><a href=“http://www.finaid.org/calculators/undergradadvisor.phtml[/url]”>http://www.finaid.org/calculators/undergradadvisor.phtml</a></p>
<p>If you dig around in the site, there is also info about average indebtedness in different fields after graduation. Fascinating info. Personally, I think it’s important to recognize that debt will stay with you like a heavy prison ball until the day it’s finally totally paid off. </p>
<p>If you carry too much debt, you seriously limit your future options for jobs, being able to purchase a home, have a car, consider grad/pro school, raise a family, or any of the many things in life that cost money. Discuss this carefully with your folks–it’s getting tougher & tougher to discharge any debt, even in bankruptcy.</p>