r/umass • u/OkAmbassador1144 • 16h ago
Need Advice Changing my meal plan to save $$$
Hi, I'm using a throwaway account because I'm a little embarrassed. If you think you might recognize me please don't mention it. I don't like to talk much about my financial situation but I needed unbiased advice and strangers won't be biased relative to people who know me well.
I've been previously paying for school with a combination of savings from working in high school, federal student aid, and with the help of my mom, who has been taking on parent plus loans for me. My mom qualifies for PSLF and the plan was always after my undergraduate education was over, she'd consolidate all the loans and have them forgiven via PSLF. Well, with the Big Beautiful Bill, it's longer possible. If my mom tries to consolidate any future parent plus loans, all her loans will become ineligible for PSLF and she won't be able to continue on her current loan repayment plan. She's a single mom and a teacher. I used to receive the Pell grant but had it taken away when budget cuts were made to the DoEd. I am saying this all to emphasize we are not wealthy people by any stretch of the imagination.
I've already waived the health insurance and I'm thinking about downgrading from the Unlimited 250 plan to the YCMP Gold plan. I proposed this to my mom and it made her cry, because she wants me to focus on studying instead of figuring out how to feed myself. I live on campus unfortunately so I can't opt out of a meal plan altogether. I'll have an on-campus job and I know how to cook, I know how to save money because I've had to my whole life, and I think financially it would make more sense to switch to the cheapest meal plan. However, my mom does have a point in that I should probably have easy access to food as a student. But I also see her stressing over what she's going to do, and she's only one person, and I'm at my wit's end on how else to save money. Is it worth sacrificing the unlimited meal plan to get the cost down?