Which is worse? Is it over for me?

Hello everyone, I'm a student who just finished it's first year of university at an European target school who's in a messed up situation, now asking for your advice. Due to some personal/family problems I didn't take enough exams so I didn't reach enough credits to be admitted to sophomore year, now I have two options: 

  1. throw in the trash this year and start fresh without trying to catch up (note that since I graduated HS a year early I would still graduate once I'm 22, just a year later)
  2. try to catch up and get back on track with my exams, probably taking down a bit my GPA, almost certainly not securing a finance internship next summer 

I'm conscious that there is no positive answer to this, it's just a matter of choosing the lesser bad scenario. I still want to get in IB so which is better on a cv between graduating one year later or graduating with a mediocre GPA and no finance internship during sophomore summer in the recruitment process (London office)? Thanks a lot to everyone who'll give me any advice, yes, I know I really messed this up, but I'm still motivated to fix things and turn around this route

 

In the US, doing 4.5-5 yrs of uni is pretty common. I’m not sure how common it is where you are, but I’d have to think delaying your grad would be the better option

 

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