I do think it's a mistake to borrow so much, particularly for a liberal arts degree.
Imagine yourself post graduation. The average starting salary for a graphic designer with a bachelor's degree is $33k a year. After taxes that's about $2200 a month net. $72k on a 10 year repayment schedule will cost you about $800/mo, depending on interest rates. If you pay over 20 years, it'll be around $500.
Do you really want to saddle yourself with that? Sounds horrible to me.
I agree that community college is a great idea. That's what I did - paid cash for my first two years, then transferred to a 4-year university to finish up.
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