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College and University Discussion
Reply to "Be honest with your seniors"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My parents did this. HHI of 300k in the early 2000s and didn’t save a penny. And wouldn’t co-sign for private loans. Found out when I’d already gotten in to my dream school. [/quote] Similar story here. I got admitted to a T20 and was thrilled. Then my dad got sticker shock (having apparently saved nothing and not paid attention to college tuition prices since he attended in the 70s). He first insisted that I work summers and cover all expenses with a summer job, just like he had. I did the math and showed him this was impossible. He then told me that since women just end up SAHMs he didn't believe in investing in helping me get a college education. He said he needed to save his money to make sure he could afford for my younger brother to go to college, as he'd have to support a family (unlike me). I didn't have a good in state option because he'd chosen to live in a no income tax state and we didn't qualify for financial aid because of his income so the in state school was more than many private options. I ended up at a tier 3 college on full ride. He didn't agree with my decision to attend college so he cut me off financially. I worked three jobs throughout undergrad to afford groceries and clothes and books. No help from him.[/quote] Let me be the first (or probably not the first in your life) to agree with you and tell you your dad is an ASS. [/quote] Just piping in to say that your dog whistle of "no income tax state" to mean Republican-led doesn't work. Florida has no income tax and has one of the best in-state college programs in the nation. It did 20 years ago and it does now. That said, I'm sorry about your dad not paying for your college or giving you many options...that does suck. [/quote] If you got into your dream school, did you go on loans? My BIL used to date this girl who already had 400k by the time she was a second year med student. That was a decade ago so that same debt maybe have been 500k by second year of med school. Her parents made too much to qualify for aid. I want to say it was like 250k but it wasn’t like they made 250 forever. Either way, she had a ton of debt. Dh is a surgeon and it isn’t uncommon to have hundreds of thousands of debt when graduating from med school. Both Dh and BIL graduated with no debt.[/quote]
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