22-year-old college student blows her $90,000 college fund and blames her parents
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90k/3 = $30,000/yr
Sounds about right for tuition at almost every non-public university or even public university's at the out of state rate.
With all those "resources" she wouldn't have got shit from FAFSA either.
Sounds about right for tuition at almost every non-public university or even public university's at the out of state rate.
With all those "resources" she wouldn't have got shit from FAFSA either.
Coldfire said:
Frankly I think working in the school cafeteria would be embarrassing too. There's plenty of menial jobs that don't involve slaving like a peasant in front of your adult peers. Landscaping, construction, internships etc...
I bagged groceries in high school; wouldn't be caught dead doing that while I was in college. ...and quite frankly, how is working in that cafeteria going to allow her to pay her debts if she's going through 30k/yr? What's the cafeteria salary? A couple hundred bucks a week?
This chick's clearly an idiot but it started on day 1 when she decided to go to a school that 90k couldn't afford.
CH-Toronto
Kingfisher
achromaticmike said:
Fair argument HOWEVER - this girl seems like she's never held a job in her life. Zero values have damaged her character.
achromaticmike said:
If you read the OP, her parents offered to cosign a loan if she got a part-time job. The DJs mentioned the cafeteria but it could have been anything.
It's not about the job paying for expenses, it's to teach her a lesson about working for the things she wants.
I actually blame the parents. Mine taught me compound interest , budgeting and delayed gratification while I was still at primary school. I was taught to lower expenses, raise income. Stay away from depreciating assets. When I was 21yo I got $10,000 to invest either in bank account or stock market. I now have 5 years of experience with the stock market under my belt.
My experience with many people in the real world is that they don't know shit about anything to do with finance, particularly girls. If my daughter blew $90k I'd blame myself for raising my kid to be a financial illiterate on track to becoming a debt slave.
My experience with many people in the real world is that they don't know shit about anything to do with finance, particularly girls. If my daughter blew $90k I'd blame myself for raising my kid to be a financial illiterate on track to becoming a debt slave.
Budgeting money is a difficult concept to grasp when you've been selling your pussy for food, drinks, drugs and handbags.
Also $90k in 3 years comes out to $576 a week or about $100 a day. It's easy to drop a bill a day on food, gas, clothes or whatever.
Fuck her. Let her starve or keep sucking cock for spending cash.
Also $90k in 3 years comes out to $576 a week or about $100 a day. It's easy to drop a bill a day on food, gas, clothes or whatever.
Fuck her. Let her starve or keep sucking cock for spending cash.
Dr. Howard said:
My 11th grade math class devoted about a week to teaching practical financial concepts like how credit card payments work, how loan payments work, what compound interest is and how to calculate it, what happens to the day to day lives of people who fall into debt. This class was on the "advanced" track not the "education for idiots" track. I assumed that was normal high school material that certain people just didn't pay attention to.
Medic42
Woodpecker
Time to grow up, I worked full time pretty much the entire time I was in college. If she doesn't want a job she should check out seeking arrangements...
"Or they go to Georgia State where
Tuition is handled by some random nigga that live in Atlanta
That she only see when she feels obligated"
-HYFR, Drake
Truth Teller said:
It's possible it was not officially set up as a college fund, and was simply a fund or trust worth $90k that they gave her to use "for college".
If that's the case, and this girl was essentially just handed $90k, I'm completely unsurprised at the outcome. I honestly would expect the exact same thing to happen to at least 25% of Millennial-aged women (and perhaps I'm being generous there). Most young women are absolutely horrible with budgeting and saving money, especially money they didn't earn themselves.
Pusscrook is really hiting'em young these days.
G
G
The absurdity of this story is such that I can't even handle it. Through consistent, gainful part-time employment, getting two external scholarships a year, keeping my grades up, getting a good financial aid package, and saying GTFO to all these predatory student loan offers, I just did the math and I'll be able to pull through 4 years paying my university around 16k.
Of course, with general living expenses and such it'll probably be somewhere around 25k total, but when the annual tuition is almost 70k... I feel alright.
Even though I am right in the middle of a complete lifestyle turnaround, upgrading pretty much my entire wardrobe, supplements for health, good clean (and therefore more expensive) food, I still keep a tight lid on my spending. I was never taught this, but I think I learned it by being the child of immigrants and barely making it by during my childhood.
No sense of what spending means. None.
Of course, with general living expenses and such it'll probably be somewhere around 25k total, but when the annual tuition is almost 70k... I feel alright.
Even though I am right in the middle of a complete lifestyle turnaround, upgrading pretty much my entire wardrobe, supplements for health, good clean (and therefore more expensive) food, I still keep a tight lid on my spending. I was never taught this, but I think I learned it by being the child of immigrants and barely making it by during my childhood.
No sense of what spending means. None.
Depending on what school she is going to, $30k/year is right on the money of out-of-state 4-year college. Even your typical in-state public college fees will run around $20k for tuition plus room and board. Private colleges are closer to $50k.
http://trends.collegeboard.org/coll...ublished-undergraduate-charges-sector-2014-15
http://www.collegedata.com/cs/content/content_payarticle_tmpl.jhtml?articleId=10064
Not saying she was smart with her money or that she isn't an ignorant basic ass bitch, but as sad as it is, $90k will not afford you a 4-year degree with room and board at an average out-of-state public college.
http://trends.collegeboard.org/coll...ublished-undergraduate-charges-sector-2014-15
http://www.collegedata.com/cs/content/content_payarticle_tmpl.jhtml?articleId=10064
Not saying she was smart with her money or that she isn't an ignorant basic ass bitch, but as sad as it is, $90k will not afford you a 4-year degree with room and board at an average out-of-state public college.
scorpion said:
Very generous I think. If you gave the average millennial girl $90k and just trusted her to make it last 4 years I'd be shocked if she pulled it off. I'd expect this to happen to around 75% of millennial girls. Hell, a lot of millennial aged men would fuck that up.
She should have gone to community college. Would have made it to where she would only need about two years worth of a state school to get a degree.
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