College is a Scam!

heyemilina · August 2010

salimoo:
heyemilina:
My parents paid about $3,000 a year for my school, and I ended up with about $15,000 in student loans. My sister, on the other hand, screwed around for two years, lost what little grant money she had, and is now in her fourth year of a two-year program. She doesn't work, has no money saved, so I'm pretty sure my parents are paying the balance of what her student loans don't cover. Double jerks.
Replace fourth year with twelfth year and you have a friend of mine. Still lives at home. Parents just bought her a car. They might have been better off handing her $20k when she was 18, although she most likely would have invested it up her nose.

Luckily my sister is getting her shiit together and will most likely graduate in the spring. However, my parents still pay for everything (apartment and bills, gas, car insurance, a credit card in her name) and ticks me off because she has NO concept of money. It's even more annoying because, while my parents did provide me with a lot of things, by my senior year I was paying for basically everything. The only thing they paid for at that point was car and health insurance, and once I graduated I was on my own for that too.

She texted me the other day with a picture of a brand-new Toyota and was like "This is my new car!" She wasn't 100% serious, but basically told me later that she and my dad were looking at new cars and he told her based on what she *might* make when (if?) she graduates, she could afford it. WTF?! I'm sorry, I didn't know hypothetical salaries paid for a new car, or I would have gotten a new one a looooong time ago.

mulva33 · August 2010

mashedpotato:
it was funny when my son asked me how much $ was in his college fund. I laughed ALOT.

I know, right?? when I was a kid, I believed that every parent had some secret savings account for their kid (I can only assume I learned this from TV). As I got older, I started to realize, that there was no f'ing this was happening in most people's homes.

modb1rd · August 2010

mulva33:

mashedpotato:
it was funny when my son asked me how much $ was in his college fund. I laughed ALOT.

I know, right?? when I was a kid, I believed that every parent had some secret savings account for their kid (I can only assume I learned this from TV). As I got older, I started to realize, that there was no f'ing this was happening in most people's homes.

I know a very stereotypical newish wealth kind of girl who through a temper tantrum when she was in highschool because she found out she didn't have a trust fund. I have a hard time taking her seriously.

College is a Scam!

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