||[Dec. 24th, 2009|08:32 am]
The Question Club
inspired by the investing post. i've been tossing this idea around for a while but i'm not sure if i should do it.|
currently i only have grants and scholarships to pay for school. i have enough that those alone are able to pay for my tuition and everything, and i still have enough leftover to pay for living expenses without having to work. i live with my parents so i don't have to worry about rent or food, but i do pay for my car, phone, etc. however i can't really afford anything outside of necessities. if my car was to break down i would be seriously screwed.
i was thinking of taking out a small student loan, maybe like $4k spread out across 2 years. so that i would have a little bit of extra money and also so that i can take summer classes. grants won't pay for summer courses and i can't afford to pay out of pocket. an obvious solution to this problem would be to go back to work, but i'm doing a lot better in school (straight a's vs. mostly b's with a couple of a's) now that i'm unemployed, and i would rather be able to focus on research opportunities. i feel like taking out a loan just to have money is a really stupid idea, but at the same time i'm planning on going to medical school which is super expensive no matter where you go and i'll be in a TON of debt at the end of it (like, $100k or more). what's another $4k on top of that?
so tqc, is this a really stupid idea or should i go through with it?