Going $250k in debt makes you extremely fragile. After you graduate, you're limiting your job opportunities to only ones that pay much higher than others, even

Going $250k in debt makes you extremely fragile. After you graduate, you're limiting your job opportunities to only ones that pay much higher than others, even if one job was a much better fit for yourself. You are also much more sensitive to adverse job conditions. If you happen to graduate during times of recession, you will be much more hurt than your other unemployed friends. Staying out of debt relieves you from the need to have to get a job within a certain salary range, allowing you to choose jobs based on criteria beyond salary.