22-year-old college student blows her $90,000 college fund and blames her parents

[clamum]

Oh, I'm sure it's her parents' fault.

There's no way I'm gonna listen to that interview after reading some of the highlights from that page linked in the OP. I'd destroy my computer or something.

It doesn't sound like a troll, or scripted, to me though. I mean, people in general are kinda dumb, and this stupid bitch is probably just on the left of the bell curve (ain't pretty as someone else said). Nothing from the story is that out-of-reality.

 

[HamburgerBoy]

Indeed.

....though lumping Trump in with those other two is a bit...odd. Say what you will about our collective exhaustion with the Bush/Clinton oligarchy, at least you could say they are qualified candidates.

Trump...eh, rofl.

"Bush vs Clinton" was one of those things I used to laugh about in 2007-08 when in a cynical mood, but I never thought it would actually happen. Clinton is a valid candidate at this point, but what does Bush have over name recognition? Throw Trump in the mix with those two names, and... D:

EDIT: That was totally off topic, I'll just say that any real existing college student that fucks up half as badly should TPAD.

 

[Anonemous]

Sounds staged.

 

[JM Aggie08]

Getting awfully P&N-y in here.

 

[Stockgenius]

Stuff happens my friends. It is a rare case but I guess this DOES happen.

 

[irishScott]

I find that odd too -

Usually parents that aren't willing to co-sign a loan, are the type of parents who feel they are more than prepared. It usually means that they know how to handle money, and unless they somehow have money but are stupid - any intelligent parent would have passed that financial knowledge down.

If her parents were stupid though, they would co-sign the loan because stupid parents sign things like that without thinking of the consequences.

I have Zero plans to co-sign any loan for my kids. I might save a bit on the side for them, but am I going to pay in-full for their college? Hell no. I won't be able to control if they do something stupid like go out-of-state without scholarships paying for it all.

Or they were stupid parents, spoiled her all her life, taught her nothing, and have finally realized their mistakes and are trying to make up for it. Too little too late.

That isn't a theory, it's how myself and lot of other millennials have been raised. I never seriously cooked anything before college, never cleaned a bathroom before college, almost never took out my own trash or made my own bed before college, never cleaned dishes before college, didn't pay one red cent of my own money for college, the list goes on. Then when I turned 18 they started talking to me about how much responsibility I had. I started getting scolded for not cleaning the dishes or chipping in on the housework, stuff I'd literally never done and in fact been dissuaded from doing my entire life. I know many who were in a similar boat.

Honestly if my family hadn't fallen apart and forced me to confront a lot of my issues solo I'd be even more messed up and likely very entitled.

I hate to say it but I see nothing questionable about this story. This girl is an extreme case, but sadly it's all too plausible. This is what you get when you place your child's immediate happiness on a pedestal.

 

[Scarpozzi]

So...$30k a year?

Tuition + Books + eating out + partying... I'm sure she probably spent more after she turned 21 and started binge drinking....clothes and cell phone, etc... That's not too outlandish. She probably didn't splurge like you think....especially depending on where she lived and/or if she was on campus or had an apartment of her own.

My wife accrued $90k of college debt in just 28 months shortly after we got hitched and that was after I paid for an apartment on campus (and that was all books, fees, and tuition) .

 

[Imported]

Really? I thought the only way you can get federal backed loans is if
1. Your parents don't make enough
2. You are deemed as "Independent" which means you either reach age... 26 or something, or your parents have literally abandoned you.

There's different loans. According to their site:

https://studentaid.ed.gov/sa/types/loans/subsidized-unsubsidized

Direct Unsubsidized Loans are loans made to eligible undergraduate, graduate, and professional students, but in this case, the student does not have to demonstrate financial need to be eligible for the loan.

https://studentaid.ed.gov/sa/types/loans/subsidized-unsubsidizedhttps://studentaid.ed.gov/sa/types/loans/subsidized-unsubsidized

 

[Scarpozzi]

There's different loans. According to their site:

https://studentaid.ed.gov/sa/types/loans/subsidized-unsubsidized

Yeah...subsidized loans are what most students want because it kicks the interest until they complete their education. These loan amounts do have limits. In those cases, the unsubsidized loans kick in...and there are a few different levels and limits on those loans. As I stated, my wife accrued a lot of debt quickly...the school program she was enrolled in basically maxed out what the student loan programs would do and took virtually every dollar they could get. She was maxing 3 loans each semester. No complaints though...the education she received was top notch.

 

[GrumpyMan]

Well if true, she might get her degree eventually, but common sense can't be taught and you just can't fix stupid either.

 

[Sonikku]

Wish my grandparents gave me $90,000 for college.

 

[I Saw OJ]

Sounds like my cousin but shes 35 not 22.

 

[Jeffg010]

So...$30k a year?

Tuition + Books + eating out + partying... I'm sure she probably spent more after she turned 21 and started binge drinking....clothes and cell phone, etc... That's not too outlandish. She probably didn't splurge like you think....especially depending on where she lived and/or if she was on campus or had an apartment of her own.

My wife accrued $90k of college debt in just 28 months shortly after we got hitched and that was after I paid for an apartment on campus (and that was all books, fees, and tuition) .

She needs 20 grand for the last year of college. That means she spent 60 grand for 3 years on the tuition. So she spent 30 grand in 3 years which comes to 10 grand a year. If she was to budge correctly she should have only 10 grand to spend in 4 years or $2,500 a year to spend. There is not many millennials who are going to have the mind set to live off 2,500 a year that for sure.

Everyone knows this.

 

[isekii]

My future kids will have to figure out how to pay for college after their first year.

 

[Mai72]

Is it possible this was staged? Mystery caller with only a first name, disguised voice etc.. sounds too easy.

Unless there is some confirmation, it is most likely a ratings ploy to get google hits and listeners.

Its an easy trollbait. The sheep will just post about this on every forum known to man, and send emails to everyone and to all FB friends. FREE profits?

There are many dummies in life.

I can't tell you how many times I've heard...

a) You don't need to pay back student loan debt.
b) Let the government and taxpayers pay for it.
c) It's college debt so obviously it's good debt.

Yep, idiots.

 

[Naeeldar]

My future kids will have to figure out how to pay for college after their first year.

Hopefully higher education will be massively reformed by then and it won't be the issue it is now.

Honestly college education and businesses that have helped drive the trends in education have gotten so out of control that going for a bachelors in many cases is almost insane these days. Tuition has generally gone up 10% a year and has not changed over the last 15 years. The cost for a bachelors degree which then nets you a job for $40k, where we train the employee anyway is stupid. And HR departments requiring bachelors degree for the equivalent job these days of filing papers are just as bad.

 

[Mai72]

My future kids will have to figure out how to pay for college after their first year.

I have a feeling we will see major changes in how students finance college by the time your children reach that age.

Maybe free courses such as Coursera will put pressure on schools to drastically lower their tuition. That would be nice.

 

[OverVolt]

This is actually similar to how my situation was, to a degree. Except I wasn't a dumbass.

 

[OverVolt]

So...$30k a year?

Tuition + Books + eating out + partying... I'm sure she probably spent more after she turned 21 and started binge drinking....clothes and cell phone, etc... That's not too outlandish. She probably didn't splurge like you think....especially depending on where she lived and/or if she was on campus or had an apartment of her own.

My wife accrued $90k of college debt in just 28 months shortly after we got hitched and that was after I paid for an apartment on campus (and that was all books, fees, and tuition) .

$30k is not that abnormal these days. More like... subsistence, time to study, and retarded high tuition.

After you got hitched.. so what a decade ago? Thanks for the ten year old advice captain hindsight. Why do people complain about gas it was like a dollar in the 90's sheesh.

 

[Newell Steamer]

It's a radio station - and since we all know that radio stations would never stage anything like this - it must be true.

 

[Exophase]

If the though of getting even a part time job is so repellent to her now what was she planning to do exactly after college?

I haven't listened to the interview yet (just read the article), does it mention what her major is? If it's anything that she hoped to get a skilled job with then you'd think she'd be talking about internships in her future field instead of more menial work.

 

[lxskllr]

Poster child for entitled millennial

https://addons.mozilla.org/EN-uS/android/addon/millennials-to-snake-people/?src=cb-dl-created

 

[OverVolt]

It's a radio station - and since we all know that radio stations would never stage anything like this - it must be true.

Yea the internet is way better.

http://www.copyblogger.com/examples-of-native-ads/

 

[Spacehead]

She probably didn't splurge like you think....especially depending on where she lived and/or if she was on campus or had an apartment of her own.

Or did she?

“I used it to budget for school clothes and college break money. I probably should have not done that. I took a trip to Europe. The Europe thing I thought was part of my education and that’s how I tried to justify that.”

I realize we don't have all the details but... $90K gone! Never occurred to her to budget or work part time/full time in summer for spending money?

Could be mom/dad/grandparents spoiled her rotten too so maybe she was unprepared to be on her own.

Again, not all the details but this reads as a really sad story. Not for her... sad for humanity

 

[tcsenter]

I realize we don't have all the details but... $90K gone! Never occurred to her to budget or work part time/full time in summer for spending money?

Could have been much worse, she got three full years out of it. I've seen worse negligence with money.