<prompt> Human: I dont know if this is even the right place for this. But I was wondering since I was about to figure the costs of school to be about 30k a year. Is taking out a loan for this going to be a problem if I have good credit and I have a cosigner? I plan to work also but it wouldnt even come close to the cost of schooling.Im just having a hard time believing that I just sign some papers and money just falls from the sky.Assistant: Im just having a hard time believing that I just sign some papers and money just falls from the sky.Student Loans are literally zero risk to the banks because you cant bankrupt them away. They have very little restrictions. At the very least, you can easily get a private loan.Little bit of advice though: Look up the starting salaries for the field that you want to get into. Try not to make your TOTAL loans above 1 years salary. Do whatever it takes first 2 years at CC, work part-time, choose a cheaper state school, whatever. Having your loans be higher than 1years salary, at 6.8 or higher, is very very hard on your lifestyle. Human: Ya Im almost done at CC some im going to finish my Bachelors at UT for Psychology. I plan to get my doctorate in the long term. So I will have to take a lot of money out in the end. I was thinking about join the military after my 4 year degree to help pay for things.  <response>: advice to me from Ph.Ds:Dont get a Ph.D unless someone else is paying for the whole thing, youre getting a stipend, and its in a top 10 school.Some may say the same thing about a masters. 