Never let he be misunderstood. Student loans are one of the best deals going. There is a warning though. That is, make sure what you're studying can carry your debt. For example, why borrow $50,000 to have a thousand dollar a month debt when you graduate for a job that won't pay you $800 a month (don't grill me on the math. Just making a point).
The rule is to treat the loans and college as a no lose situation, i.e., borrow, GRADUTE and get the job commensurate with the loans that were taken out.
I've done it twice and I would do it all over again if I had to.
I would like to add that contrary to popular misconception, some of the loans are actually federal loans that are adminstered by private entities that get a small fee.
Sooooooooooooo, ding bat, when you f*ck over the bank, you really f*cking over the Federal government itself. End result, they can simply shut you done.
In closing, returning to my main point, treat the loans as a long term investment in yourself. In this way, things should work out fine.
And so ends today's public service announcement.