Nervous About Paying for School - Page 4

When I was in nursing school I did not qualify for any financial aid except loans, so I worked full time and as much part time as I could rustle up. When I lost my full time job, I lost my place to live, and stopped going to school, but, I did not have any school debt beyond the school loans which had to be paid, even if I had declared bankruptcy. Plan for contingencies. You never know what will happen.

Ideally, try not to spend more than a year's salary for your total debt. That's the rule of thumb anyway.