College is an investment in your future, but how much should you be borrowing against your future self? If you’ve heard about the student debt crisis (it's estimated that the total US student loan debt reaches up to $1.52 trillion dollars), you know that college graduates are taking on more debt than ever. In 2016, the average student had around $37,172 in loan debt. Debt like that often influences the kinds of jobs borrowers wind up taking, and can delay major life events like buying a home, getting married, and having children.
So how much should you borrow if you don’t want your debt to hold you back in the future? Here are a few things to think about that will help you make a more informed decision: