Every now and again, college/university/education is discussed by folks on this forum. This is about a college girl who likely is not interested in EE. But I am interested in your thoughts about this college girl.
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In a nutshell:
[Kim] blew through a $90,000 college fund on expensive clothes and a trip to Europe and now has no way to pay for her senior year, a predicament she blames on her parents.
She contacted “The Bert Show” after the school had just mailed her the tuition bill for her senior year, according to Yahoo's financial news website. She explained that she was short about $20,000 for her final two semesters.
She told “The Bert Show” that it was all
her parents fault for not showing her how to manage her money.
In another call, the young woman said her parents told her there was nothing they could do for her because they didn’t have any money.
She accused her father of being a “little bit of a jerk about it” after she told him she was broke.
“They’re not being honest with me, saying they don’t have it because
my father has worked for like a million years and they have a retirement account,” Kim said.
[RL comment: in the USA, some of us don't have pension but have retirement accounts ("IRA" and/or 401K per tax laws). Some have 401K/IRA to supplement their pension. For more and more folks, their 401K will be their only retirement income. 401K/IRA cannot be touched until a certain age or penalty will apply ($ penalty, not jail). I have no idea what is the father's situation, and I don't know if Kim realize that penalty may apply making the money very expensive to touch even if they are willing.]She said
her parents suggested she take out a loan with the credit union. “And I’m like, 'How am I supposed to do that?'” she said.
The next day Kim told the show she went down to the credit union after all to apply for a loan. She said the loan officer told her she would need her parents as co-signers because she didn’t work and didn’t have collateral.
Kim told the show
her parents wouldn’t co-sign unless she got a part-time job.
“I don’t know. Maybe I’ll tell my parents
I’ll be a stripper if they don’t co-sign,” the woman said.
In a fourth call to the station, Kim said her situation had improved. Her loan had been approved and she was looking for a job, as much as that pained her.
This originated from a radio show and reported on various news sites. The above are paritial quotes from:
http://www.foxnews.com/us/2015/07/19/college-student-blames-parents-after-blows-0g-college-fund/* * * *
From the text I bold above, I suppose you gathered that I think she has no chance of success in life as she failed to take personal responsibility in her own life. Instead, she sees fit to raid what her parent might have saved for their remaining years.
What do you think? I am interested in your thoughts in part because my daughter is approaching college age.
Rick