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Adult Children
Reply to "College kid being controlled and financially exploited by parents- options?"
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[quote=Anonymous]I know a college student in a bad situation and I’m looking for the best advice to offer. This kid is in college (commuting from home), paid for by grandparents. Parents are verbally and emotionally abusive (intentionally degrading this kid to the point of near suicide on a regular basis). Parents are also doing sketchy financial stuff. Opened several credit cards in this kids name without permission or knowledge and are using them. Regularly take large sums money out of the bank account that this kids paychecks go into. This kid has never been allowed access to their social security number. Parents filed all school and work forms and maintain complete control over everything despite the kids best attempts. Kid doesn’t want to lose college funding or all contact with parents…but this is getting extreme and wants to not have a financial mess on their hands, but can’t open a new bank account without their social security number. Does this kid have any easy options? Any way to get their ss# and make a smooth-ish exit to adulthood? [/quote]
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