dashingscorpio profile image 85

If your child blew their $90k college fund would you use your retirement money to help?


Recently a 22 year old young lady called into a radio station looking for advice. Her grandparents had set aside a college fund of $90k for her. She's now in her senior year and has no money left. (She blames her parents for not teaching her how to budget.) She admitted to spending money to take a trip to Europe, other spring breaks, along with clothes..etc The remaining tuition bill is for $22k. She said she'd be too embarrassed to work in the cafeteria and besides (working would affect her grades). She thinks her parents should use money from their retirement account. Would you?

 

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Readmikenow profile image94

Readmikenow says

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2 years ago
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    retief2000 2 years ago

    Se has a great future in Congress.

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Sulabha Dhavalikar (Sulabha) says

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2 years ago
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Paula (fpherj48) says

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2 years ago
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    Grace Marguerite Williams (gmwilliams) 2 years ago

    Paula, great forthright response as usual. That spoiled brat needs a REALITY check. She needs LIFE 401 courses if you catch my drift. Life 401-an advanced k*****a*** lesson in how to navigate life. I KNOW 3 people like that-whew! Not pretty at all!


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Lisa Vollrath (lisavollrath) says

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2 years ago
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    Grace Marguerite Williams (gmwilliams) 2 years ago

    THANK YOU, you have indeed SPOKEN. AGREE with you to the multillionth degree!


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retief2000 says

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2 years ago
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    Molli Anne (MolliAnne) 2 years ago

    The average age that a child leaves home for the LAST time was 22, in 1980. Today it is 31. The thought alone haunts me! Teehee


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Penny Miranda says

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2 years ago
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Christopher Jay Thompson (Christopher Jay T) says

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2 years ago
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    retief2000 2 years ago

    exchange Uncle Sam for our fellow citizens and you have that 100% right. Most of us work like dogs at menial jobs to pay for school. Slave for years to pay back loans. Sweat and strain to keep good grades. Whining wasn't part of the program.

MolliAnne profile image73

Molli Anne (MolliAnne) says

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2 years ago
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    Molli Anne (MolliAnne) 2 years ago

    What a great opportunity for the parents to say that they cant afford to give her their retirement money. And explain the purpose of that $ and that there might not be any $ left (for her) when they die - so get a job, a loan, and finish school.


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ipka54 says

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2 months ago
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ahorseback says

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2 years ago
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