Hello everyone! I am in the same situation as all of you. On one hand I am terrified of debt and on the other I really want to go to the competitive and well-known program. Fortunately I have been accepted into multiple programs that give me options. On the low end I could graduate with around 30k in loans (tuition and living) at a school that has a good program but that I have no desire to go to. In the middle I have a school that is competitive, in an amazing city, has a great program, but isn't my top choice for 60k. At the top I have my dream school that has all of the bells and whistles and is known nationwide for being a great school... but it would be at least 100k in loans. I will be visiting the 3 schools this weekend to get a better feel for them and then make my decision but I think I am going to choose the middle option. Even though 60k is still a lot of debt, I feel like I would regret completely settling and going to a school I have no interest in. That being said, I am only 22 and I will be able to live on a strict budget for a while before I start a family.
For those of you who are concerned about mortgages, it is definitely something to consider! My father had a lot of student loans after law school and my parents had a hard time buying a house. Of course, eventually they were able to and my dad paid off his debt, but we had to live tight for a while.