You must not be a New Yorker. You have no idea of the cost of renting, let alone buying a house or apartment in NYC, or even across the river! The interest you will have to pay back on those loans is far more than the cost of what you will pay back on student loans! Factor in the cost, time-wise, money-wise and jangled nerves-wise, of commuting on public transportation (don't even think of using an automobile, especially in Mahhattan) and you will be penniless, exhausted, and frequently late to classes if you get there at all. It is no fun using the subway system, the busses or driving. Rush hour begins before 5AM and ends about 11PM. There is nothing but congestion on the roads, tunnels and bridges. There are tolls, if you drive, on all the bridges and tunnels between NY and NJ and on some of the bridges and tunnels between Queens, Manhattan and the Bronx.
The ability to borrow is also predicated on how much debt you already have. One of the biggest killers there is existing credit-card debt.
I was born and lived in NYC all my life and I am not a youngster.
Exercise caution: loans are not free money.