Student loan horror stories

Big decisions made in college about student loans continue to haunt these graduates.

Turned down Ivy League school

student loan debt joshua morss
  • Name: Joshua Morss
  • School: State University of New York, Buffalo - 2007
  • Student loan balance: 0

As prestigious as an Ivy League education might be, it's also expensive. So, despite getting into Cornell University, Morss decided to turn down the opportunity because it was going to cost three times as much as his other choice, the State University of New York at Buffalo.

His parents supported the decision and paid his instate tuition bill.

"It was almost a no-brainer. An Ivy League degree might have helped with networking opportunities," Morss said.

His advice for students: "Do everything you can to avoid student loans, because it hangs around forever."

  @jenliberto - Last updated June 03 2015 04:04 PM ET

Partner Offers

Mortgage & Savings

Terms & Conditions apply

NMLS #1136