<p>What do you expect your salary to be when you graduate? Will you also be going to grad school? If you are going to be a teacher, social worker, etc., then that amount is too much. If you are going to have $200,000 in loans for med school, then $48000 may be too much. If you will be in a high paying field and have no alternative for a cheaper college, then try it with the intent of reducing that amount through work, outside scholarships and other opportunities such as working as an RA.</p>