I like to spend money. In fact, I think I am rather good at it. Having said that, I am also super debt-phobic. Like everyone else, I carry a decent amount of student loan debt from both undergraduate and graduate school, then Z. and I have our mortgage. We carry no consumer debt, but trust me, that is plenty.
So, I bet you are wondering why I am telling you all of this? I am doing it because in the past two weeks, Z and I started to figure out and fill out the paperwork for loans for my nursing program. Which, of course, involves calculating the cost of the program. Second degree nursing programs are expensive. Like $50,000 expensive. Like I just can’t even.
That is a lot of money. A very great deal of money.
It sent me in to a complete panic. It was waking me up in the middle of the night and was making me sick to my stomach fairly frequently. My stress was then transferring to my husband and causing us to fight and both stress.
So, what should you do if you find yourself in the same place that I did? You [likely] have the same two choices I did.
- Get over. Get in and get out as quickly as possible. Make a plan to get the debt paid off as quickly as possible, but basically suck it up buttercup. I hate that this was the option I went with, but Z. and I want to possibly have children one day and getting me out of school quickly was what we thought was best for our family. In this case, we chose time over money.
- Go a different route. Traditional programs are much more affordable, so I would strongly encourage you to consider this option if you have the time and inclination to do so.
What? Is that it? Those both suck!
Yes, yes they do. But they are the two options I felt that I had. Once I acknowledged that, it actually it made it easier to accept reality.
It’s a lot of money. But this is my dream and Z. and I will figure it out. We have a plan and it will work out. At some point, you have to take a leap of faith because it pursuing dreams was safe and easy, no one would ever struggle with it. If you are struggling with this, you will figure it out too!