As always, "it depends" but it's very possible if you go with the understanding that you're going to live like a poor college student for the next half decade and don't want or need your expenses to go up like your peers that go into industry.

You also have to take into account that you're going to be working more hours than a traditional job and that you're going to be stuck there for half a decade, but also you get something out of it at the end which you won't get just working some other low pay job.