I was greeting today by a headline that I’m sure is making the British people smile. The pound is at a 10 month high against the dollar. The British economy is recovering. Woo!
The problem I’m having is that I’m getting a loan in dollars to pay for my education. Which means that no matter how little value the dollar has against the pound, I’m getting the same number of dollars from the bank. Thus, while what I was approved for three months ago may have been just enough at that point to cover tuition, housing and some food / books (according to the school’s cost of attendance worksheet I had to complete), now it’s worth about 13% less, plus 4.5% in fees. That’s kind of a ton of money when you think about it. And who knows what will happen in the next six weeks before my tuition and first housing payment are due.
I’m trying very hard to just hope that it will work out.
In the meantime – can you still sell plasma?
Kidding. Kind of.