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re: 22 year old blows 90k for college, blames Parents
Posted on 7/17/15 at 9:48 am to lsuhunt555
Posted on 7/17/15 at 9:48 am to lsuhunt555
I blame a little bit on parenting here. I blame a lot on our education system by not teaching these kids anything about personal finance in high school.
Posted on 7/17/15 at 9:49 am to jmarto1
Colleges are more interested in teaching social justice than money management
Posted on 7/17/15 at 9:56 am to jmarto1
quote:
I blame a little bit on parenting here. I blame a lot on our education system by not teaching these kids anything about personal finance in high school.
Agreed, though she should shoulder most of the blame for obvious reasons.
I also blame colleges for their disgusting high tuition costs that aren't justified by the value they provide in the market.
Posted on 7/17/15 at 10:11 am to jmarto1
quote:
I blame a little bit on parenting here. I blame a lot on our education system by not teaching these kids anything about personal finance in high school.
See, this is what's wrong with this country. Take responsibility and quit blaming others for your problems!
Posted on 7/17/15 at 10:48 am to jmarto1
quote:
I blame a little bit on parenting here. I blame a lot on our education system by not teaching these kids anything about personal finance in high school.
I blame them both equally but I agree it's messed up that a lot of kids have to face the world not knowing how things like credit work. For example in college I had a ton of money and also had a credit card. Well I would use it for stuff and just pay it off every 3 months or so because I didn't care about late fees and I thought they would like getting extra money, I had no clue about lates on a credit report. I fricked my credit for years over lates on a tiny credit card while I had over 6 figures in the bank for most of that time
Posted on 7/17/15 at 11:46 am to jmarto1
quote:
I blame a little bit on parenting here. I blame a lot on our education system by not teaching these kids anything about personal finance in high school.
It's simple math... You have X amount to spend over a 4 year period. If she can't figure that out she has no business being in college to begin with.
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