College Life

[u/FunnyBunny141]

Hi all,

So currently, I commute to Drexel University from South Jersey, and I find it very difficult during rush hour (the commute during this time is about 1 hour). My total cost of attendance this year is 16k, and i have 5k in federal loans, the rest is private at a 10% interest rate. I plan on paying off my unsubsidized/private loans next fall/winter, as I will be on co op, and the average pay for mechanical engineers is 22k+. I also have a part time job, earning 200-300 a week, but most of this money is used on car insurance, food, gas, etc. Does it make sense for me to pull out 4k more in private loans to pay for an apartment near campus the rest of the year?

Edit: next quarter I am taking 20 credits, and a similar amt of credits the following quarters. I want to be near campus without a hassle to attend late club meetings and also to have more of a connection to on-campus life and make friends.

Thanks!

[u/Active-Leg9326]

Wish you the best! I'm in college also so I can understand the plight. Is your campus aid department open next week?

[u/FunnyBunny141 → u/Active-Leg9326]

They will be open from jan 2nd and onwards