If this choice is the difference between borrowing 40k or more vs not, then don’t if you can at all help it.
It’s good to understand the time value of money … Suppose you could graduate and have a lump sum of 100,000 dollars … How long to turn that into 2 million at 5%?
Now suppose you graduate and are 100k in debt … figure the monthly payments and weep. Folgers over Starbucks until you’re 40. Your call, but wow.