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College and University Discussion
Reply to "Graduate one year early. What next?"
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[quote=Anonymous][quote=Anonymous]I have a kid who may graduate a year, or at least a semester early, and it never occurred to me that he's "owed" that tuition savings. I might consider using it to buy my son a car, or to go towards a down payment on a house. But around the world for a year? No. If it's my kid's decision to turn down job offers, it's his dime he can travel on.[/quote] Yeah, I am in agreement with PP. Offer to use those $$s for something the kid needs or an asset like a house. Any of the jobs he has been offered fully remote? Perhaps he can get a remote position and then travel. I might agree to give him $10k to travel and see how far it gets him. If the $$$s are in a 529 you will have to pay taxes and fees to withdraw for non-educational purposes, so you should factor that into the calculations.[/quote]
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