<p>Ok, here is my current situation: I have been working on my Associates Degree at a local 2 year school and I am nearly complete. However, I have been working a new job which is steady and make $65,000 a year not including overtime. However, this is the problem: I work 8 hours a day, 5 days a week, 3pm-11pm. Have to commute 1 hour each way. That makes it 10 hours a day. Additionally, the job is very demanding (electrical/electronic), and I DO work a lot of overtime (about 12 hours a week on average).
This has affected my GPA at my community college, and it has dropped to a 3.12 as of right now. I had to drop classes because of the job last semester. I currently have about 50 college credits, and plan on finishing up with my associates degree before starting on my bachelor degree immediately after.
My questions are: Have any of you quit work in favor of attending college full-time? Any advice or recommendations on this matter? Is it even possible to live off of student loans while completing your bachelors and graduate degrees?
I do own my house, and I just bought a new car (2014 Toyota Prius), plus I have a dog. I want to keep everything the way it is at home, just want to quit work so I can bring my GPA up and focus on school. Here are my expenses roughly estimated:
- $1,200 a month for mortgage payment on house
- $425 a month for car payment
- $200 a month for utilities
- $200 a month for random expenses
- $700 every 6 months for car insurance
- $150 a month for internet/phone bill
I really need some advice guys. I will be finishing my associates this spring, and I have already been accepted to 7 4-year universities for my bachelors. I am struggling to finish my current degree with this job, and I am ready to quit as long as I know I can do this. Can I live on student loans while finishing a few more years of school?</p>
<p>I know this post is kind of long, but I appreciate those who read it and can offer any advise/information.</p>