Does it make sense for ethan to take a year off of school to raise the money?

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22-11-2017
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Does it make sense for ethan to take a year off of school to raise the money?

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ImSimplyStephen ImSimplyStephen · Answer 1 · 2017-11-22T15:02:29+01:00

ImSimplyStephen ImSimplyStephen

22-11-2017

I would argue yes, you don’t want to borrow a loan because then they still charging fees if you don’t pay monthly. Taking a year of to earn money for school and not having to loan money is a great idea.

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batolisis batolisis · Answer 2 · 2020-01-23T13:03:07+01:00

Answer:

YES

Explanation:

taking a year off school means deferring school for a year and this is very necessary in situations where the student might not be able to meet up with the obligations associated with school either Financial or Academically.

As with Ethan's case he is about to take a year off to raise money for himself and probably to raise fees to pay his tuition and other bills like buying of textbooks and accommodation and association dues.

Taking a loan to finance his education is also an alternative that he should have considered but the cost of servicing a loan is much more expensive than taking a year off to raise the required money himself.