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If you can stand it, you ought to move in with the parents. However, save that $600 per month. If you both really saved it, collectively you'd have about $30,000 after 2 years. That's a drop in the student loan bucket - and those loans are probably the most favorable terms you're going to get for a while. Use that $30k as a down payment so that when you start paying for a place to live it'll be equity rather than lost rent. If in 2 years you guys were in an ownership situation, your finances could be significantly easier for decades.
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Cogito ergo spud -- I think, therefore I yam
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