Should I ask my Mom to Help me pay my Loans?
When I started college, I got eveyrthing covered in financial assistance, almost 1/2 scholarship, the rest ALL grants, no loans. I was getting a free college education, which is very rare. The grants were because of my mom’s low income.
The next year, my mom decided to marry a man very suddenly. I told her I would lose all my grants because my step dad made too muchy money to even be considered for any sorta assistance. I saids perhaps you can just wait a few years, after all they only dated for 2 months… She said no, got married, and that when the time comes she’d help me pay loans. The tuition was 26,000 a year, leading me to take out 50 k total in loans for the following 3 years.
Now I graduated and I’m having a hard time paying these. I still live at home (I DO pay rent), but with my $ 9.75/hour job, I’m having a real hard time making all my bills every month because of my loans which take up a majority of it. I don’t qualify for deferment, because I do have a full time job (although its low paying), nor am I in school yet. I don’t go out, in fact I haven’t been out to do anything since August because I can’t afford clubs,cbars, movies, restaurants, all the things my friends do. I literally don’;t have 10 dollars to spare a month.
Is it fair to ask my mother to help me out? She knows I am having a hard time, but has not offered any assistance. She did say she’d help me 3 years ago when this came about, but has not mentioned naything since. BTW, she can afford it. Step father makes 70k a year, and the mortgage is paid off…
Well I still have the same job as I did in college. I couldnt find a better job, but have since stopped looking. I am starting a PhD program in the fall, so I don’t want to find a job now, train, than quit just months later when school starts. It would be a waste of everyone’s time. The help would only be from now until September, then I can defer my loans. Then I will work part-time while in school and keep the same job since it’s SO flexible.