pan6467

Personally, I'd pay for school. Unless you know for a fact you plan to stay in that community and have a job lined up, you are truly binding yourself.

When you graduate you'll have a house payment AND school loans to pay for in an area or job that may not be able to support that.

And what if as you graduate you get offered a decent job in another city but can't find a buyer?

Not to mention, again, unless you have a guaranteed job most attorneys don't really start making money until they get established and have found their field. I watched people I graduated with become lawyers and they had to clerk first and work their way up into the firms. They don't just all of a sudden make $$$$$, it takes hard work and desire to move up, just as any job.

I think it would be very foolish, especially in this market where inflation and the rates are about to go up, to even consider buying a home over paying for school.

I'd much rather come out of school debt-free and able to relocate to where the money is then to have a house and school loans to pay off while trying to find a job that can afford me.

BTW just because you make the down payment, doesn't mean you can afford the payments, taxes, utilities, upkeep, and so on, plus have time to go to school, work a job and study.

__________________
I just love people who use the excuse "I use/do this because I LOVE the feeling/joy/happiness it brings me" and expect you to be ok with that as you watch them destroy their life blindly following. My response is, "I like to put forks in an eletrical socket, just LOVE that feeling, can't ever get enough of it, so will you let me put this copper fork in that electric socket?"