I want to thank everyone who gave me great advice in my last post. As of today, I checked my status checker and I am officially admitted! It was funny how I was just talking about it hypothetically and then all of a sudden, I was admitted. It's a great feeling to know that I'm not a failure.
I feel like all signs have been pointing in this direction and I think that I will be making the move. The scary part is that school starts on August 13th and I will have to move all of my stuff back to my house up north and I will have to tell my boss. The toughest part will be talking to my boss and also leaving my BF behind. We have done the long distance relationship thing for awhile after he graduated college, but he was only 4.5 hours away and we saw each other often. This is the first time that we will be far apart and I know I will be too busy with school. The BF has only been at his current job for a year and he is still building experience. He has a security clearance and a great title and position, and he wouldn't be able to move to another company in this economy right away. We have to play our cards right. We still have to talk about it tonight since this will have a huge impact on my savings goals and how we wanted to invest in a property together. I will have to use all of that money I have saved as my living expenses.
Tuition for law school is $43,680 per year. Multiply that by 3 because I'll be there for 3 years and that comes out to $131,040. If I have to take a loan (which I will have to) that will also amount to way more than $300k if I take over 30 years to pay it off. I'm already getting anxiety attacks just thinking about that number.
However, it's almost similar to investing in a property, except I am investing in myself, and I'm following my life long dream of going to law school. I talked to my mom and she said I would be able to stay at home and she would help me as much as she could with tuition. I also will talk to my dad and stepmom to see if they can help me out at all. I don't want to rely on anyone's help though so I am thinking about just using my savings for living expenses and taking out a loan for tuition. Also I will be checking with the school to see if I can get need-based grant since I file for my taxes independently from my parents. Once I am unemployed, they will see that I will absolutely need as much help as I can get and hopefully this will get me at least $10k a year.
Does anyone have advice for when I should tell my employer I am quitting?
I promise to get back to normal posting routine soon. So much is changing in my life so quickly and I didn't even think things would move this fast!