u/AdditionalGrowth3920

I am going to graduate school this fall. Tuition and course fees are 55,000$. Federal loans are 20,500$+20,500$+10,250$. I have a 4,000$ scholarship so tuition and fees are covered by federal loans. My issue is cost of living, the program is 28 months long and I’m thinking of taking out 2,000$ (my actual expenses are most like 1700$) per month for rent, food, gas, etc. Additionally, I do have 29k saved up in my bank account now. Assuming I don’t get anymore aid, make more money, or have any other options, how bad is 56,000$ in private loans on an estimated starting salary of 120k. Last I did private loan estimates, my interest rates were around 8-9% (770 credit score)