College Student and Renting?

I%26#039;m in college and about to have summer break, thing is Tution has just been raised, and it just so high, I know that If I were to search for an apartment, it would be cheaper.

But then things come up, such as transportation, heating, electricity and possibly even a roommate. I don%26#039;t have a steady job here or a car.

Housing cost 6880, that about $982 a month, way more than an apartment. Considering I%26#039;ll be living there for only 7 months total.

So what do you think, should I look into apartment in my school during the summer, getting a loan for a car etc? I really need some advice.

College Student and Renting?

It sounds like you are talking about renting an apartment vs living on campus - though you never actually stated that. If this is the case...

From a practical standpoint it seems that you should stay where you are and deal with the on-campus tuition increase. There is no reason to take on the additional responsiblities of getting your own place, paying utility bills, finding decent transportation, possibly having a roommate just to try and save some money on tuition. In the end, it is nearly guaranteed that you will be paying more to live on your own... and besides, as long as you are okay living on campus - have no qualms about it - then just stay.

Believe me - you will be much less stressed out paying a little more each month than you will if you move out and try to take on all these additional responsibilities.

Have fun and best wishes to you!

College Student and Renting?

Living off campus can be alot cheaper. Find a roomie first. Look together. Decide how much you are actually to spend each month. Food, rent, utilities and transportaion can add up, also. Expect to stay thru next summer as you will probably have to sign a year lease.

College Student and Renting?

I would recommend not getting a roommate. Get yourself a studio apartment. You don%26#039;t need anymore then that. I found roommates to be more of a pain then the money they save.

But a car loan is more expensive the it seems. It means not only a car payment but paying for full coverage on a vehicle. Just save your cash this summer and get a used car. When you graduate and have a full time job you can get the new car

College Student and Renting?

College is a time for serious learning about the real world, and you will learn by hook or by crook. Considerations would be to look for an affordable apartment w/ roommate. Look for another student searching for a roommate. Live humbly, as rooming with someone takes a lot of patience %26amp; compromise. Another alternative would be to look for someone looking for a border (room for rent in house), same rules apply. Any relatives in the area you may be able to live with for awhile? You could still pay something to contribute to the household.

Consider the range of your travel, you might be able to get around with a bicycle if you have the means and physical ability. Public transportation could also be an alternative. There%26#039;s nothing like having your own car, but with that is the responsibilities of maintenance, economy, parking, registration, etc. This would be a good time to evaluate your current situation, how much and where your money is spent, and where you see yourself in about 5years. Keep in mind, your main priority is to make it through school, so what ever little suffering or lack of luxury you deal with now should only be thought of as %26quot;temporary%26quot; in your means of struggle. The sacrifices you make now will pay off later, trust me. Keep your head to the sky %26amp; God Bless.