Is going to college for $20,000 (in loans) a year worth the ENORMOUS debt in the end?

Question

I have a week to decide whether or not Purdue is right for me. I'm not planning on becoming a doctor, engineer, lawyer, etc., I'm planning on going into the business route, communications specifically. I loved the school when I went, but my brother tells me to avoid debt like the plague. Though he may be right, I'm just curious if there's any advice out there for me since I'm paying for school on my own. I'm estimating graduating with $60,000 in student loans.

Answer 1

wow, it's a big debt if you decide to go some business major. Business major wont make about 60+ million dollars a year. That will be a major problem

Answer 2

Check out Berea College, no tuition.  List of other US schools that offer full scholarships: http://www.gotoamericancollege.info

Answer 3

Uh, no. I am going to be a teacher and it would take me 50 years to pay it off with max payments each month.

Answer 4

20K for your bachelors and your masters (6 years total) is okay.  20K per year-totaling 60-80K is ludicrous.  Find another way.

Answer 5

It's not worth $60,000-80,000 in debt to go to Purdue.