Going back to school: how do I make it happen financially?
July 10, 2009 11:01 PM Subscribe
I'm trying to go back to school. I have bad credit, some unpaid debt, and cannot afford any classes without help... Help!
posted by itsacover to Education (9 answers total) 8 users marked this as a favorite
After 5 years, I'm going back to school to finish my undergrad. My current career is turning into a bust and I'm terribly unhappy with it, so finishing my degree seems like a good way to open new and enjoyable opportunities. I have roughly a year left on the degree. In an ideal world, I would quit my job and go to school full-time since I cannot do both at the same time (my field of work requires a completely flexible schedule). I also cannot afford to take classes without any help, even a class at a time. My income covers my bills and that's about it. I have credit card debt along with a few other things (around $3000 worth) that I am slowly chipping away.
Basically, I need someone to explain to me a) whether it's a good idea to try and get loans that would not only cover my school expenses, but also living expenses (I would get a part-time job also), b) how I might make that happen as I have never dealt with any sort of loans before (plus the bad credit!), and c) why this seems so difficult and overwhelming.
I am, of course, going to talk to the financial aid department at my school, but I would love personal experiences as well as advice from those smarter with finances.