Hello, i'm in need of advice. I just got accepted to my dream school which is great. The trouble is I didn't actually think I would get in! Now that i'm in and actually considering going the money is holding me back. I know that I can take out loans and that a lot of people do. It's just, I don't know how it will be possible to pay back a hundred thousand dollar loan after school on an artist's salary. I know that pretty much all art schools are expensive but it's so much money. People are saying "it's just money, don't worry about it, don't let it hold you back" but it is a big deal. I don't know if I should go to a cheaper school (I have a few options) and try something else instead.
Admittedly, I'm very financially conservative, but it's a philosophy that's proven useful more than once in my life. I'd adviser you to do everything you can to avoid borrowing altogether; if that is impossible, then borrow the smallest amount possible.
You're absolutely right to be concerned about paying back the loans. Too many students have the idea that they'll walk out of college and step into a high-paying job with good benefits and plenty of opportunity for advancement -- for all too many of them, that dream doesn't pay out. It takes years to reach "comfortable", and starting out with loans to repay extends that timeframe even longer. Taking out loans today definitely means delaying something that you'll want in the future: it may mean delaying home ownership, children, retirement savings, or other wants. Or loans may mean working two jobs after college (I know plenty of new college graduates who are working a professional job during the day and are still in their retail or food service job a couple evenings each week). Especially if you're set on a career that isn't known for high salaries, you must think about these things now.
However, going to college still requires money. You said you have options. Look into them seriously. You might also consider starting somewhere close to home, then transfering to "the school" later. You might go to school part-time instead of full-time. There are choices other than borrowing, borrowing, borrowing!
Did you take out loans for school? How do you possibly pay them back?! Thanks for any advice
No, I didn't. My parents were not willing to pay a single penny, -- and even did a few things that had a negative impact on my financial situation -- so I did it all on my own. I had some financial aid /scholarship money, and that did go a long way. I lived in the dorms, which was by far the cheapest option for me. After my second year of college I got a job as a Resident Adviser, which gave me a free room and 1/2 my tuition paid -- that was the single best thing I did for myself. Most semesters I worked two part-time jobs, which meant I never took heavy course loads. As a result, I spent five years earning my first bachelor's degree; some people suggested that I should've borrowed and finished on time, but I disagree -- I never could've paid off loans in that one year, and it was the best option available to me.
When I graduated, again I didn't have any type of parental help. I never would've considered moving home. Those first couple years were difficult financially, and I am very, very glad that I didn't have student loans in addition to everything else. If I had, I'm sure I would've ended up using credit cards to get by, and that would've set me on a road to further debt.
Good luck.
Yowsa! I'd really have to give this a looooottt of thought. As you said, artists don't make a lot of money. Are you sure you want to be tied down to a super big student loan? My first house only cost $84,000 and we're still paying it off $1100 at at time. 
) and saved every penny I made. I couldn't afford a car so I walked everywhere. A lot of days I lived on peanut butter and grahams crackers and milk I "pocketed" from the cafeteria. 
