There is a university in my home town that offers the same major that the university that I am in enrolled in now. But I would be saving about $8000 if I went back home. Is living away from home worth that much money in college loans?
2006-06-13 08:24:08 · 26 answers · asked by Britt 1 in Education & Reference ➔ Higher Education (University +)
i really think it would be best not to have to worry about loans or paying them off while you are trying to go through college...if it is just as good a college and you can get your degree is the best thing...there is so many expenses with going to college you will need all the money you can... clothes books, etc, without worrying about loans...
2006-06-13 08:30:47 · answer #1 · answered by sanangel 6 · 0⤊ 0⤋
I stayed home for a full scholarship at a local university; I am now 26 and really regret that decision. I hear college stories all of the time and am currently realizing how much I did NOT experience during my college years because I stayed home. I lived in an apartment with friends toward the end of college - - but that still isn't the same thing. GO AWAY TO SCHOOL, or you may end up regretting it like I do. Besides...everyone I know has student loans; it's not like you would be the only person in debt after college! Good Luck...study hard and have tons of fun!!!
2006-06-13 08:40:02 · answer #2 · answered by MonnieDubs 2 · 1⤊ 0⤋
Even if you are not inclined to stay home, I would advise you to take a serious look at it. I was very opposed to the idea, but then got a full-paid scholarship to my home-town university. I took it, but was intially very unhappy about it. Within six months, some of my friends began coming home and transfering (or dropping out of school altogether). After the first year, almost all of them had come home. In addition, I had made so many new friends, too. I saved a fortune in tuition, ended up getting another scholarship for graduate school, and went back to the same school. Most of my friends who went away still have debt for their college loans, and I have none. They ended up saddling their parents with debt, too. They also ended up bringing debt into their marriages. It's just not worth it. I got jobs that were just as good as the kids who went away to school. I even had a better job than one friend who had what I call "private school snobbery" about the fact that he went to an Ivy League school. You can accomplish whatever you want to, no matter where you go to college, if you just want to hard enough. I am very close to my parents today, as well, because I stayed home.
2006-06-13 08:36:30 · answer #3 · answered by sadiemylady 3 · 1⤊ 0⤋
If both colleges offer the same major, I think you would be better off staying at home and getting your General Education requirements out of the way and save money. Once you are ready for upper division classes you can then decide which college is more prestigious. You might also start to look for grants or low interest student loans.
2006-06-13 08:57:59 · answer #4 · answered by 7782264 3 · 0⤊ 0⤋
It depends on what you want. If you want to live away from home and the field of endeavor you pursue has good employment opportunities after graduation then $8,000 shouldn't be difficult to repay. However, with some majors, the earnings potential is so low one cannot service the loans let alone provide for themselves after graduation. If the type of field you wish to pursue doesn't pay well, but you would thoroughly enjoy doing such work, then staying at home while completing college might be the best choice. It's hard to beat a career doing what you enjoy doing even though it doesn't pay a lot. Doing what one loves to do will usually bring sufficient for their needs, and find them jumping out of bed in the morning excited about their work. On the other hand, many who choose a career based upon the money they earn often become disenchanted, not only with their career, but their life. Good luck.
2006-06-13 08:51:02 · answer #5 · answered by valley57 3 · 0⤊ 0⤋
This depends on your personality. Money shouldn't play a role in this unless there are some serious financial matters you need to take care of. Some people who are family oriented and have many friends who stay at home, just don't want that change to their normal patterns. Others, however find it a good idea because it gives them a crash course on living on their own for the first time, and the lessons you learn from that could end up being more than what you learn in the classroom. You learn more about yourself, I feel when you go away. Either way you go there is no wrong answer.
2006-06-13 08:31:37 · answer #6 · answered by Anonymous · 1⤊ 0⤋
No its not. If you can save money do it. Debt free is a good thing. If you know your going to pay your loan off on time then it shouldnt be a problem. But it is alway smart to save money and saving $8000 is a lot of money. Im transfering to a college and to save myself a little over $6000 from room/board/meals a year Im going to live in an apartment.
2006-06-13 08:34:08 · answer #7 · answered by . 6 · 0⤊ 0⤋
Even though you will be in debt, I feel like you should go to college away from home. I went to college and commuted to class (lived at home) and I feel as if that was a mistake for me. I missed out on the college experience because I still had a curfew, etc. and regret that now. If I could do it all over again, I would take having debt to living at home during college. It is a big responsibility, but I feel as if it is worth it.
2006-06-13 08:34:08 · answer #8 · answered by umber 1 · 1⤊ 0⤋
It depends on the quality of both schools. Sure they might have the same major, but if your current university is the best in the state in that major, and the school close to home is the worst, that should factor into your decision.
Don't feel bad if you end up going home, though. You have your whole life to accumulate debt, so it's not a bad idea to eliminate expenses while you have the chance!
2006-06-13 08:34:02 · answer #9 · answered by satellite 1 · 0⤊ 0⤋
Stay near home and save the money. Put the extra money aside for a down payment on a house for the future. With today's prices, you'll need as much help as possible. Plus, when you get out of school, you'll have an edge over a lot of your peers-- no debt and $ in savings!
2006-06-13 08:39:01 · answer #10 · answered by jennybenny19 1 · 0⤊ 0⤋
Stay home and save the money. Saving the money is defenitly worth staying home b/c you never know how long it will take you to pay off the loans and what you may need to pay for in the future. Good luck deciding.
2006-06-13 08:34:25 · answer #11 · answered by jinxy84 3 · 0⤊ 0⤋