Submitted by Bo-ohw_O_Wo-er t3_yikth2 in personalfinance
Casterial t1_iuj5cn4 wrote
IMO - Take out the loan (student loans aren't bad when enrolled) and then pay it off slowly while in school. You shouldn't need to take out a massive student loan, maybe just one month, maybe two months of rent.
Student loans don't accrue interest while in school, usually. Be sure to check.
edit: Not paying that rent could cause you to lose credit, and dropping out is a horrible choice. I seen this too much while in school and most who did are jobless to this day.
CrazyJohn21 t1_iuj6fee wrote
The key is to look for subsidized loans, private and unsubscribed accrue interest while in school
Bo-ohw_O_Wo-er OP t1_iuj92r4 wrote
Yeah, that rent is whats worrying me. Id hate to drop out and move back in with my parents. Where they live theres no opportunity for anything more than minimum wage unless you work a govt job.
Viewing a single comment thread. View all comments