I go to an out of state school, with the only help from my parents being they co-signed my first two year student loans in my name. As a rising senior now I have almost 100k $ of student loan debt (Fed & Private). I have to pay for my senior year of college coming up AND in order to go to medical school, I need a post-baccalaureate for a year (which I should get accepted to medical school after).
Total debt = ~100k student loans
Upcoming (tuition + food + rent + utilities) = 30k
Post-baccalaureate (16k tuition + 8k rent + 3k supplies + 2k food) = 29k
Total upon hopefully entering medical school = 160k.
HOWEVER, I have 850 shares invested in a type of index fund that's about 56$/share, which turns into about $54,000. After taxes, if I sold all would probably mean $43,000.
Should I take another student loan with the credit union I've been using for the last year and use the fund $ to fund (lol) my post-baccalaureate? As long as I can get into a medical school, getting loans should be no problem. I'm struggling to pay rent now and have two rent payments this July to pay for by the 5th
It's nice to know when I turn 27 I'll be in about 300k $ of debt. Thanks for any help.