In the past my dad used his business as a front to cheat on my mom, tanking the business and their $900k inheritance down, which led to their divorce. The employees were stealing the cash flow and blackmailing him I think. He actually ended up -$200k in debt so his net worth had swung -$1.1m in 2 years. At the time I was applying for college and then suddenly couldn't afford it. Can only take out loans under your own name after age 22 (for those in the I totally went to college and paid my own way camp, lulz)
I spent 1 semester there knowing I couldn't afford it and so tanked all my classes and dropped. I ended up with bills in my name at 18 anyway, like -$2,500 with $0.0 in my bank. My parents were like GL with that even though I'm sure it was them who clicked something in my account/didn't pay something they told me they were paying considering the circumstances. Like due to dropping after only 1 semester the state grant was due back and they never paid it back, from the FAFSA they filled out. Stuff like that. Trashed my credit.
Halfway through 2004 I convinced my mom not to buy a ferrari 575M for $121,500 because the maintenance would be too much and by Jan 2005 I was lucky to have a roof over my head, albeit no one could afford the $2,700 mortgage considering my parents W-2's at the time were about $8,000 from the aforementioned inheritance/lazyness. Their bank accounts were draining FAST.
My sister got a free ride (7 years older) through both undergrad and pharmacy school during the money days. She makes like $90k/yr and moved away. Basically "thanks fuck you guys"
Oh and a free car, and car insurance paid up to age 24. Even to this day she will recount the tales of epic hardship she overcame while going to college at family events, like working once a week for spending money on stupid junk, I have to try not to vomit. I'm about twice as smart as her, but there is the saying "better to be lucky than smart." Smarts matters nothing. I still smoke all her old SAT/PCAT etc. scores but without $$$ it means nothing.