getting that job to pay it back when your 55 years old.
Well, it's a matter of degree as well. I know people who borrowed 6 figures for an undergrad degree. That's crazy. But borrowing 50% or 100% of a year's salary? That's not that crazy.
It really depends on your degree. If you are getting a degree in finance that can pay 6 figures after 2 years then borrowing 3 years salary would not be a big deal as it can be paid back and the salary is much higher then that if you didn't have a degree.
What I think is crazy is people paying anything at all for degrees like history or English as these degrees are generally worthless.