"Student loans: Your total borrowing shouldn’t exceed what you expect to make your first year out of school.
"Many graduates have learned to their chagrin that student lenders will gladly loan you far more money than you can comfortably repay. Students and parents need to put their own limits on how deeply they go into debt, or they could face a literal lifetime of student-loan payments."
Source: 16 favorite money rules of thumb, MSN Money
Buck Stretcher is our daily 2 cents on how to make your paycheck go further.
