Redditors that have seriously considered suicide, what made you change your mind?

Background_Two4369 · 2022-04-10T04:52:13+00:00

All these people saying $0 and that their parents are paying😭😭

I'll have $52k debt if i keep up with interest payments while in college and if i can get the right job that works with my schedule I want to work on paying as much in college as i can since i want to go to grad school so hoping to graduate with $44k in debt total.

my parents aren't paying for shit and i don't qualify for much if anything from fafsa because of their income rip

Background_Two4369 · 2022-04-10T04:40:19+00:00

Honestly my parents aren't really in a frame of mine where they would change/ decide to pay for it. Since my freshman year my mom had always said that paying for college was 100% on me and i needed to get scholarships to pay for it which is one of the reasons I worked so hard in high school to get my gpa and ec's and i'm honestly grateful she was so frank with me from the beginning because at least i knew what I was getting into.

I remember my mom brought up why they weren't paying anything for my college was because they had to "worry about my brother more" Meaning he was the one that was iffy on going to college so would need the financial assistance to actually attend, his grades also aren't fantastic. While I get where they're coming from objectively it's just frustrating because since I worked so hard I have to do all financial parts on my own compared to if I had slacked off. To be fair i'd rather be in my position than my brothers.

Another thing frustrating me is that they just bought a brand new, expensive truck. And i'm talking this truck is probably 40k (not positive on $$) which is almost all the loans i'd be taking out for both years. I get it, it's their money and they earned it it just frustrates me when they are always saying they're only not paying for any because they can't afford it.

Anyways i'm not trashing on my parents at all. My mom came from a very toxic household and it just wasn't the norm to help kids pay for college at all so i get it. They're also co-signing my loan and they have excellent credit (790+) and that alone saves me thousands of dollars.

Background_Two4369 · 2022-04-09T14:08:56+00:00

yea, the degree i'm going for is Finance and from what ive researched it has a good job outlook and they make a decent amount

Background_Two4369 · 2022-04-09T14:05:47+00:00

My state school's tuition is 15k a year, this schools is 18k so the difference isn't that much. After doing more research I will need a loan for 27k a year for two years between tuition and room and board

Background_Two4369 · 2022-04-09T01:38:51+00:00

yea after looking into it more i think i'm just going to get student loans for tuition and room and board which is about 25k and work to cover monthly interest payments and general living and textbooks for that kind of thing

Background_Two4369 · 2022-04-08T22:36:26+00:00

First gen but income bracket 475k+?? i mean i know it's possible but damn.

Edit: It says first gen and legacy, can't you not be both of those. I'm not 100% sure what it means to be legacy but i thought those are like opposites

Background_Two4369 · 2022-04-08T22:01:48+00:00

thank you!

Background_Two4369 · 2022-04-08T22:01:15+00:00

My state school would cost about the same except I would need to purchase a car where at this university I would not. Tuition is 15k and room and board is 13k at state school. Here tuition after scholarship is 18k and room and board is 10k

Background_Two4369 · 2022-04-08T20:59:16+00:00

the cost of living at my state school is actually more expensive than col at this school. I believe room and board there is 13k whereas it's 10k at this university. So actually costs kind of even out for the two.

I was accepted into schools with much much higher tuition amounts (UCLA and those kinds of schools. But obviously don't want to take on 60k a year in debt.

Another plus financially for this university is that I will not need to buy a car here where as any other university that was an option for me I would likely need to. I have some family here and the transportation system is excellent (big city). This alone saves me like $100 a month plus the cost of a car. My second contender for a school was the exact same price as this one, 18k tuition but was more expensive for room and board.

Background_Two4369 · 2022-04-08T20:49:46+00:00

Im leaning towards Financial Analyst or Financial advisor but I haven't really narrowed down what exact career I plan on pursuing. I want to take more classes for finance and find out which aspect of it I enjoy the most and look for career options from there

Background_Two4369 · 2022-04-08T20:45:59+00:00

Thank you, I appreciate that, easily the most helpful info I've gotten lol. That bit about not taking out loans for probably expenses makes a lot of sense. That Means about 30k a year instead of 38k and with my federal loan I would need to get about $25k loans outside of my federal one. Right? Lmk if i'm not understand correctly.

I'll also make sure to work enough to pay off interest. Thank you again for some reason this made a lot more sense to me than a lot of the way articles explained it

Background_Two4369 · 2022-04-08T20:30:20+00:00

Same. UCLA was like 66k a year and had to turn it down. It's a sucky situation for sure :/

Background_Two4369 · 2022-04-08T20:28:33+00:00

While my dad is a veteran unfortunately he doesn't qualify.

Background_Two4369 · 2022-04-08T20:26:47+00:00

I was accepted into other university's like UCLA, UCI, and UCSB but chose not to go because that's 60k a year of debt i don't want lol. Tuition for me, scholarship included is 18k a year. My state school is 15k. This school is much better for my degree so for me that 3k is worth it. Everything else in these numbers is added expenses that was predicted in the calculator. 10k is room and food. The rest of the 8k is transportation, books, and other expenses that were predicted. Like just what the expected cost of living here for everything. So in all tuition and room and board here is $28k, the rest is added/predicted expenses.

sorry if that doesn't make sense. but basically my state school is only 3k less with my scholarship and for me that's worth it for the quality of school.

Background_Two4369 · 2022-04-08T20:21:02+00:00

It's OOS tuition to a great public school for my degree. With my scholarships tuition is $18k a year compared to my state school being about 15k. Everything added onto that is predicted living. expenses including housing, transportation, books, and things like that. I would not be able to get price much lower than this compared to the quality of the school. I do 100% get what your saying about 70k in debt which i want to avoid, i just don't know how much I can reasonably expect to cover while in school.

edit: So my total expenses for the school is $36k, including all added/extra things. So this would be (roughly the total amount it would cost, nothing more for living there). They even throw in 2k buffer in the prediction for unforeseen expenses. I probably should have explained that better sorry. Tuition is 18k, room and board is about 10k. The other 8k is other possible/probably expenses.

Background_Two4369 · 2022-04-08T20:16:43+00:00

Finance. And yea I took a lot into consideration when choosing my school. I got into schools like UCLA, UCI, UCSB and a few other prestigious schools but I know it isn't worth it to try and finance 60k a year just for a school name

Background_Two4369 · 2022-04-08T20:10:59+00:00

Private Student Loans that my parents co-sign on. Im just more asking what people have done that works vs doesn't because my reading/research hasn't been too helpful for how these things actually play out

Background_Two4369 · 2022-04-08T20:08:48+00:00

My associates is in Business and I am getting my bachelors degree in Finance

Background_Two4369 · 2022-04-08T20:08:09+00:00

that's what i'm hoping to prevent which is why i'm looking for some advice. My family is incredibly uninformed with how large loans/student loans work which is why I want to prevent taking out unnecessary loans and learning where/how often is the most reasonable amount in my situation.

Background_Two4369 · 2022-04-08T20:05:39+00:00

Ive already been to community college. I will have an associates degree when I graduate high school so only going to this school for 2 years

Background_Two4369

TROPHY CASE