<prompt> Human: Hello Personal Finance,Im using a throwaway, but heres my predicament. There are three schools that Im currently considering, and Im having the trouble weighing what I should do. As it stands, Ive received:A full ride from the University of Alabama 45k per year total12 ride from Loyola Marymount University around 30k annually 13 in financial aid from Southern Methodist University around 40k annually. Is it worth taking on the debt and placing the financial strain on my family and attending a school with a better program,or should I take the full ride. The current plan is a double major in Economics and Finance, and Im hoping to go to graduate school for my MBA. My family brings in around 125k after taxes every year, but my two younger siblings go to private schools that cost about 35k per year total. My parents will also have two children in college at a time with my brother joining me in two years and my sister two after that. They gave me the option of them taking out a second mortgage on our house, but I honestly dont understand the implications of this and whether or not it is something that would be worth it.  <response>: Take the full ride, not having debt is one hell of a good feeling. 