This is a valid concern. Do you watch the Dave Ramsey show on YouTube? I’m extremely terrified of student loan debt especially when I’m not quite sure just how much money I can expect to make after getting an MUP.
Considering that I don’t plan on spending the rest of my twenties paying of debt, I am limiting myself to $20k in loans. It sounds impossible but I really don’t think it makes sense that a graduate program that really wants me to be part of their cohort wouldn’t fund my studies. Once they’ve accepted you, it means they want you and so I think you should consider some hardcore negotiating in March. (Eg: Cornell can afford to offer way more than they gave you)
In my case, if I’m unable to get proper funding this cycle, I don’t think I will attend grad school this year. I’ll wait another year and reapply when I have more money saved (also I heard MIT is really good at giving scholarships but they weren’t accepting any students this year.)
Yeah, I wanna be an urban planner but I also don’t want to spend the rest of my twenties paying of debt. I’ll stick to sims city if that’s the case.