Well, I am already 29 years old and i have been going to school for a long time now. I take 6 units every semester and would take more but my job is very demanding and have to say it pays pretty good. I am not married and have 0 kids. I have about 70 units towards my major and need 120 to complete. I have no financial backing and the area i live in is pretty expensive and have credit card debt, car payment, rent etc. What would you do in my situation? Thanks.
2006-08-03 06:00:52 · 7 answers · asked by ? 2 in Education & Reference ➔ Financial Aid
debt is very hard to pay back when it gets into the thousands of dollars. If you are happy with your situation now, stay there. You could always take summer or night classes. Can you get any credits with your job, or will your employer help pay for classes? Most good jobs will help you with college.
2006-08-03 06:06:48 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I am 29 and I am going to school part time while working full time. I think we are too "old" to be running up more debt. You'll have a family some day, you'll need your credit then. If you can, suck it up and grind through the rest of your degree part time. The best gig would be to find a less demanding job that also pays for your education. That's what I did.
2006-08-03 06:08:45 · answer #2 · answered by shoelace 3 · 0⤊ 0⤋
Hard to say, depends on a lot of variables. Speak to your family & school counselor for job projections for the next 5-10 yrs in your area that you wish to work in. I received a great Federal Pell Grant (which the Govt. is trying to reduce instead of increase) but I only take6-10 credits/semester. Good Luck, I feel that you'll be successfull, but don't build up your credit card balance, live within your means for now. Attempt to avoid interest charges at all costs. Look to save money in other places, eg. student discounts, food pantrys, medical assistance because of your student, & income status, Be creative! Aloha! Also, Churches, Catholic Charities, get a bus pass, ride a bike, (I do all 3 of these)
2006-08-03 06:17:00 · answer #3 · answered by Maui No Ka Oi 5 · 0⤊ 0⤋
I was just wondering that myself....if i were you i'd keep my job. that way it may take longer to finish school, but you won't spend years afterwards trying to dig yourself out of the hole. But, if you know for SURE that you could get a good job when your degree is completed, then you could go to school full time. For instance, if you can make 100,000 right from the start once you complete your program, why worry about a few years debt? You could get a part-time job to pay for the essentials along the way.
But, if the field you're studying in is jam-packed (ie:BA in history) then i'd stick with the job! But in the end, its really up to you, whatever seems right!
2006-08-03 06:10:27 · answer #4 · answered by peakfreak 3 · 0⤊ 0⤋
Is it possible for you to work as a part-time employee? I think this way you wouldnt have to run up a debt. But also, school loans arent that expensive. If you run up a debt it wouldnt cost as much either. I still think schooling is the number one priority that you should consider most important. Good Luck BTW! =]
2006-08-03 06:06:06 · answer #5 · answered by Monica. 2 · 0⤊ 0⤋
Hmmm, that's tough. I went to school full time, and worked full time, but that is very difficult, and if you're not very careful, grades can suffer from it. Keep that in mind. It might be worth it to take your time, especially if your job is pretty demanding. I wouldn't advise going deeper into debt, it can be very hard to climb back out of it.
2006-08-03 06:05:13 · answer #6 · answered by ShineOnYouCrazyDiamond 4 · 0⤊ 0⤋
Being full time student, you need 12 units. I am in a quarter system so finanical aid only covers students who has 12 units.
2006-08-03 10:02:08 · answer #7 · answered by ckpuppybear2002 4 · 0⤊ 0⤋