Hey, everyone. I’m 23 and a college student studying STEM. I recently transferred to a new university and am trying to complete my prerequisites. My family doesn’t have much money, so I’ve been figuring things out on my own. My mom helps when she can, like covering my car insurance or sending a little money now and then, but it’s not consistent.
Here’s where I’m at:
I’ve maxed out my federal student loans, which barely cover my $1,100 rent each month.
To pay for gas, groceries, and other expenses, I’ve had to rely on credit cards. Now I’m $7,000 in credit card debt and have no job or income.
Here’s a breakdown of my monthly costs:
Rent: $1,100 (covered by loans)
Gas: ~$250 (I commute 60 miles, 5 days a week)
Groceries: ~$200
Car repairs: ~$200 (my car keeps breaking down)
I have a $4,000 grant coming, but I haven’t received the funds yet. I’m also not working because I need to keep a 3.2 GPA for my program, and balancing school, studying, and work feels impossible.
I’m worried about how I’ll pay off this debt. I’m only in my first semester, and I don’t want to mess up my grades. Are there any resources I should look into or tips for handling this? Has anyone managed to work and stay on top of school? I feel stuck and could really use some advice.
I ran out of money in college after my second year. I went part-time while working full-time and saved up enough to go back full-time later. It took longer, but I made it work. I earned my STEM degree while juggling work and school.
@Finnian
I didn’t think of going part-time, but it might help if I can work and save for future semesters. How did you balance work and school? Also, what STEM degree did you pursue? I’m doing engineering, and the workload is insane.
@Corey
I studied geology, political science, and math—pretty intense too. When I went back later for nursing, I worked while pregnant and with a baby. Time management is key. I tried to work ahead on assignments so I wouldn’t fall behind if something came up. You’ll find a rhythm.
Apply for scholarships: Look everywhere. Some scholarships are very specific, like ones for heritage or hobbies. The more you apply for, the better your chances.
Move closer to school: Sharing a place with roommates or living close enough to walk or bike could save you a lot on gas and car expenses.
Wait tables: A flexible job like this can bring in decent money without taking up too much time.
Talk to financial aid: Make sure they have your full info. Sometimes they can find more aid for you.
Work-study jobs: If available, these can give you a steady income while keeping you on campus.
Internships: Paid internships help with both money and experience. Look for REU (Research Experiences for Undergraduates) programs.
Community college: If you’re just starting, this could save money on your prerequisites while still preparing you for STEM opportunities.
@Keelan
Thanks for these suggestions! Scholarships sound like a good place to start. I’ll also check with financial aid and look into internships for next summer. Moving closer to campus is definitely something I’ll prioritize for next year.
With love—I think you need to get a job. It’s tough, and you’ll be tired, but it’s doable. You’ll learn to manage your time better, and you’ll avoid sinking deeper into debt. You’ve got this.
Toryn said:
With love—I think you need to get a job. It’s tough, and you’ll be tired, but it’s doable. You’ll learn to manage your time better, and you’ll avoid sinking deeper into debt. You’ve got this.
You’re right. It’s overwhelming because I have ADHD and already struggle with school. But I’ll have to figure something out. Thank you for saying it kindly.
Have you thought about studying abroad? Some countries have much cheaper tuition. A friend of mine went to school in Montreal for $1,500 a semester, and I’ve heard of programs in Thailand for $500 a semester.