take the 100,000 and pay off a house in a beautiful place like South Carolina. You now have the ability to live rent free or you can rent the house out for 1000 per month. If you still want to study in a university you can go to http://uopeople.edu/ and get your degree online for free. If you still rather blow your money and get into debt that is your right. But why would you want to pay all that money? Life if too short. With the money you will save you can travel the world or donate your time to help others in need and get a real education.