Hi everyone,
I will be going to enterprise school this year. It costs an outrageous amount ($250K+ all-in including travel) I hear. I have saved up $200K (my life's savings – left it all in a HYSA the last few years and realizing how stupid that was as I go through this site). Is it worth taking out most of the $250K in loans or should I pay off as much of the debt as possible as it comes up? Additionally, is it worth getting a 529 for the next 2 years? Is there anything else I should do to maximize it?
Also, I have the option of participating in my employer's 401K (I've been going Roth). I have turned my allocation to 0% for 2022 because I wanted to save cash for b school, but should I actually max it out (90%+ contribution) for the months of 2022 I am employed and live off my savings?
Thank you very much!