How much do you take out in loans for school and why?

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While my tuition is covered, books, hidden fees, and living costs are not. I take out $6,000-$7000 in loans each year to help pay for housing and food. I also work part time so I don't have to take out even more in loans.

I cannot work full time because I am a Computer Science major so I cannot afford to spend the extra time going to school full time and working full time. I already tried and failed a class when I did that.

I will be about $24,000 in debt upon graduating and I plan to bike to work, live in an apartment, and eat Ramen noodles until it is all paid off. I freakin' hate being in debt, and I will gladly halfway starve myself for three years after I graduate to pay it all off.

What about other people in college?

Don't worry too much much about debts. You won't need to live that frugally after your bachelor. Computer science majors get easily well paid jobs. Also, if you do a master degree (you receive funding for your master so you shouldn't get any more debts) then you'll get a even bigger salary, more opportunity for promotions and cooler jobs.

I have over $100K in student loans I cannot pay back.

I took them out because I was repeatedly assured I would get a job that enables me to pay it back.

That didn't happen. My $65K (at graduation) has grown to over $100K with compiled interest. I can't even match the interest accruing every month.

With the economy, I don't see a "good job" showing up anytime soon.