This is certainly true. But it all depends on where you live as well. If you take out $80,000 in loans it makes no sense to live in an area where the average

This is certainly true. But it all depends on where you live as well. If you take out $80,000 in loans it makes no sense to live in an area where the average salary is $35,000. Then of course, even in higher paying locations you have to juggle the high cost of living.