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Reply to "Sister's husband has $0 in college fund for my nephews - tells me to "back off""
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[quote=Anonymous]OP cites a lot of stats. I would like to see the stats that if these kids don't get into the college of OP's choice that there's a 95% chance they're going to be 'deadbeats'. While its great that OP wants to help her family, it all seems very alarmist and All-or-Nothing stakes, which isn't very helpful (besides not being statistically accurate). Even if BIL were to agree to the math prep stuff, it's very difficult to shoehorn teenage boys into an exact path of best statistical chances of success....whatever that might be. Why not help out a bit if you can - even if the kids aren't taking what you think is the ideal path? For example, OP cites a 50% dropout rate at VCU - I'm betting that a good part of that is issues with finances. It's the sort of situation where a little boost can often make a HUGE difference, and then OP wouldn't have to be worried on the return from a $100k investment - it would be more along the lines of maybe $$10-20k or so. ( Hopefully not enough to keep OP up at night worrying about returns. ) FWIW, I went to a rural high school with a LOT of people with backgrounds similar to OP's nephews. Many did some sort of community college/local state school - very few went to schools that were the equivalent of UVA or W&M. 20 years later, most of them seem to be doing ok. Some are doing better than others, but it's certainly not anywhere close to a 95% deadbeat results.[/quote]
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