re: 22 year old blows 90k for college, blames Parents

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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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20,000/year is not extravagant by any sort for an in-state tuition in pretty much any state outside of Louisiana. She only had $10,000 to live off of (after tuition) for 4 years. That's impossible. She needed some other source of money, be that parents, a job, scholarships, internships, ect. The fact that she ran out after year 3 means that she was living off of 10 grand/year, which is not abnormal by any means. That's not an extravagant lifestyle for a college student, in fact, pretty typical.

The issues here are 2 fold:
1. Lack of financial education. This girl did not have the knowledge to understand that she could not live off of $10,000 for 4 years. It simply wasn't possible. She needed to be working or taking out loans to keep her head above water.
2. The insane costs of higher ed. The fact that $20,000/year tuition isn't outrageous (and is actually pretty "par for the course") should be alarming to most people. There is simply no necessary reason for costs to be rising so much and so quickly other than government being involved in student loans. There is no other rational basis.