<prompt> Human: This fall I will be attending a college in Boston to finish my final two years of school. I attended my local community college my first two years out of high school to save money and improve my grades B student in HS now have a 3.98 GPA. I was able to pay off all my community college tuition with the help of my parents, and a full time job. At my new school the tuition plus room and board is52,246 a year.I was provided with a scholarship worth16,650 a yearI was also provided with 5,500 a year worth of Direct subsidized Stafford loans, and 2000 direct subsidized Stafford loansThis leads to me having to find a way to finance 26,100 through a private loan or federal student loanYesterday I was approved for a 26,100 student loan through Wells Fargo. 6.5 fixed interest rate over 15 years. With my first payment no due to six months after I graduateBut the interest accrues while I am in school The loan will be under my name with my mom as the co-signer. Is this a good approach to paying back the loan? or should I be taking another approach? Thank you for helping me out, Feel free to ask me questions  <response>: Not trying to tell you where to go to college, or how to live your life. But please take an objective look at the costs and decide for yourself if you can stomach the repayment, and understand what impact it will have on your salary over 15 years.Total Cost to You for 2 years: 71,492This is almost 650 a month for 15 years at 6.5.Ask yourself: What is your Major? What is the average Starting Salary of that Major? What is the Mid Career Salary of that Major? Does the school in Boston give you a large salarycompetitive advantage to justify the costs? For example, Im a mechanical engineer. School selection in my field helps you get your first job and get your foot in the door, but doesnt guarantee you X more a year as your starting slary, or X more over your career.Of that average starting Salary for your field, take out 10 401k, you have to retire somepoint 25 ball park of taxes, to determine roughly what your take home pay is. Loan payments 650 a month, or 7800 a yearWhat do you have left? Is this take home pay enough for you to meet other life goals? Marriage? House? Car? Are you comfortable with this? 