eralexander18

Thank you everyone! I actually am working two jobs right now and plan on attempting to keep one of them in the fall, if I can. Saving is difficult right now as I'm not really making THAT much money and have all of my bills to pay as well, but that is my plan for the summer. I'm just not sure how much I can save up, realistically, which was what prompted my thought process.

This was exactly my plan! I just plan on taking on $5,000 and then sitting on it (unless I have a major emergency). I literally plan on putting the entire sum into a savings account once I receive it.

This fall I will be entering a PhD program in the fall with full funding, including a really great level of stipend for the city I'm living in. Currently, though, I'm considering taking out a few student loans in order to help myself feel more financially secure in the case of an emergency. I come from a relatively low income working class family and have put myself through college, and I have relatively no savings. I also have no student debt from undergrad, thankfully, so I won't be adding to an already significant pile. I'm just curious as to what others think I should do, is it worth feeling secure to go into some debt? I've gotten mixed reviews from people within my personal life so I'd love to hear opinions from some of my peers!

I will be attending here in the fall as well! A lifelong Kentuckian, and I've lived in Lexington for the past four years for undergrad, but I'm very excited to pursue my graduate studies at UK!