I am struggling with a similar decision and it’s definitely keeping me up at night! Since most people on here are saying to not go into debt, I thought I would share the flip side I have heard from several different artists who got their MFAs from middle/lower tier programs for free. They told me to really evaluate what I want out of the program because if it IS to be an artist (not choosing teaching out of scarcity mind set/stability) then the connections really do help you at the top schools. Of course some people who go to Yale end up working at a restaurant and creating and some people who dont ever get their MFA can support themselves with their work. Looking at the success of the recent alumni and location (which is important!) can be really helpful to see if it’s worth it for you. Or maybe speaking with someone who has loans and went to a top 3 school...? I have no idea what to do either...I guess I’m just sharing what I have heard from most of the grads I’ve spoken to. Overall evaluating your true goals for getting an MFA is helpful in making a decision.