And a FYI for all US / other posters:
Taking a student Loan is +EV.
Student loans company charges 3.2% interest this year -
slc.co.uk
ING Direct pay 4.5% interest from January, others may well pay more.
This results in a net +1.3% growth
on someone else's money!
Even if you are ungodly rich and have no need for a student loan, it pays to take as much as you can get and drop it straight into a good savings account.
If you are sure you will not need the money, much higher rates of growth can be obtained, look into ISAs and other guaranteed return savings accounts. I am no expert on these things, but I believe stock market linked savings accounts can yeild 10% or so on a 5-year term.
dave.