My SO works and is school PT, I don't work but am in school FT
I am switching schools and the tuition is being bumped 5k
we have help with food stamps, which is a savior
The University I am going to is in a city area, and to be able to live with less worry we will have to move to a better part of town. Rent will be between 1100 and 1300. I was thinking of taking out a loan to cover part of rent, for 2 years so I can just finish school, maybe only 18mos if I can really bust my butt. My tuition will be able to be covered. I will have a degree when done and only decided that I will stay on FS because we really need the help, and yesterday when I asked, ppl said it didn't make much sense to take out a higher loan to cover food too.
So I am thinking, when I add all of the extra expenses, 15k...we will choose to pay interest while I finish out my degree.
Taking out a loan to help with rent...yes? or no? why?
Asked by Anonymous at 4:06 PM on Dec. 11, 2010 in Money & Work
Answer by Erica_Smerica at 5:01 PM on Dec. 11, 2010
Answer by Aquarius80 at 4:09 PM on Dec. 11, 2010
Answer by Anonymous at 4:18 PM on Dec. 11, 2010
Answer by 405mom at 4:45 PM on Dec. 11, 2010
Answer by admckenzie at 4:46 PM on Dec. 11, 2010
Answer by Erica_Smerica at 5:03 PM on Dec. 11, 2010