Ball State

» debt consolidation

By China at 7:09 PM

After a great freshman year I think it I have finally gotten myself settled in to the college experience. I don't have anymore fear of the unknown for the rest of the classes I know I will have to take before I am done. I don't think that I have to really worry about my social life since I think I have found a pretty good set of friends to center myself around. So now I think I going to try and spend some time this summer turning myself towards my finances. I knew that college was going to be expensive before I started but I had no idea that I wouldn't get as many scholarships as I had hoped. The ones that applied for have proven extremely competitive and difficult to be granted. The only aid I really got was all of the standard federal loans which didn't even cover all of my tuition for the year. I had to pay a good bit out of pocket. My parents offered then and still have been offering to help out with all of my bills but I have just said to them all the way through that I want to do this on my own. I knew coming to college was supposed be a transition to being an independent adult and so I don't think that it would be mentally or financially advantageous of me to accept handouts whenever things get a little bit tight. It is my own debt consolidation and now my parents'. Also I feel like they have their own set of bills and worries to keep up and adding my own bills in exchange for me time spent going out on weekends is just unfair to them because they have helped me out for twenty plus years now. This summer I am trying my hand at trying to eliminate debt by working around sixty to seventy hours a week without any break until the semester starts in the fall. Most of this money will go right in to my savings account and then right before my tuition gets his with interest I will drop the payment and then my interest will stay low. I will still get a fall interest bill but I figure I will still be working enough during school to pay it. I am sort of liking this consolidate debts thing because it makes me feel a little more confident about my chances after I am done with college.