What Should Alex Do$?$

$15.$ Alex was sitting on his couch, watching TV when he opened his credit card bill.

He read an account balance of $$942\mathrm{.}00.$ He goes to school full time, gets OK grades and has a part time job that gives him a cheque every week for no more than two hundred dollars. This $$200$ is barely even enough for his monthly food, rent & TTC$.$ His parents have taken out a loan to pay for his tuition that Alex promises to pay back after he graduates and gets a job. Payment for his credit card is due shortly and he has no money. What should Alex do$?$