I am currently a freshmen in college. I plan on dropping out after this semester but I already have an apartment for next year. During my first semester before I planned on dropping out I was told I needed to hurry and find a place to live for the following year so my roommate and I found an apartment together and signed the lease last fall. We now both dont plan on going to school next year and without student loans we have no way of paying for the apartment not to mention we would be moving back to our home town anyways. We dont even move in for another 4 months and was wondering what our options are other then subletting.
What does your lease say? There’s probably something written that describes the penalty and procedure for breaking the lease. You’ll both wasn’t to break it sooner than later. It might involve losing your security deposit.
Talk to your parents and get their help. You don’t want this on your credit report.
Look at the lease with your parents and see what it says about breaking the lease.