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by tjohns 4769 days ago
I graduated 5 years ago with a BS/CECS and a MS/CS from USC. It was the best decision I've made.

I finished my program with $60,000 in debt. $40k for undegrad, and and another $20k for graduate. As bad as that sounds, I had a pretty good financial aid package; the estimated cost of attendance was $60k per year, and most of it was paid for through a mix of work study, scholarships, and a very generous need-based grant from the university [1].

I've made enough since I've graduated to repay my debts a few times over, have a great job, learned valuable leadership skills, participated in a couple research projects, and learned things I never would have known how to even approach had I not gone.

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[1]: Good schools will give need-based grants if your financial aid package doesn't cover the estimated cost of attendance (minus your EFC, as calculated by the FAFSA). They'll ask you to take out Stafford loans, but those are capped at about $12k/year for undergraduate study.

That said, my advice is to stay far away from any school that asks you take out private (non-federal) loans. Those are uncapped, and will easily bury you more debt than you can handle.