My son can go to Lehigh University and graduate with about $54,000 total in loans (we will cosign a private loan over the federal max amount or take out a PLUS loan and he will pay us back) or go to Millersville University, which is one of our PA state schools (not as prestigious, but still a decent education on a beautiful campus) and borrow the max federal loans and owe $27,000 total.
He is majoring in Computer Science and has been coding since he was 12 and even taught a unit in his Comp Sci 2 class as he knew more than the teacher, so he is sure what he wants to pursue.
Is the private school education worth the extra debt?
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