Student Loans- Beware

Culinary school; it offers a lot of dreams from Iron Chef status, to your own TV show, to something as prestigious as owning a 5-star restaurant. That's why kids payt such high amounts of money to attend these schools. When yolu first start out in a restaurant, you dont make more more then $10 an hour, and that is nowhere near enough money to pay back loans and support yourself. This often causes the students to be in quite a bad situation. I think student loans are an amazing thing - if your future occupation can pay them back in a decent amount of time. For example; going to a local college for undergrad is more more practical then going to a $40,000+ college, simply because it's undergrad. The graduate degree is what matters most, and that is somewhat based upon where you go. People need to consider what means more to them; expensive school and sky-high loans, or local school, and no loans. I'd opt for the latter simplty because I love the city and don't want to leave. It also offers a sound alternative to paying a ton of money. If I do have to take out loans, it won't be much, and I'll make sure that I pay them back before the big interest rates hit.