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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Look for cheaper schools.[/quote]

That didn't help at all and didn't answer the question.  Not interested in going to a cheaper school.[/quote]

IF, and only IF, she plans on taking a govt or non profit job, finance everything.  She will then be eligible for income based repayments (10% of income) and 100% forgiveness in 10 years.  She could easily come out 50- 75K ahead doing this.[/quote]

Thank you this helps.  Niece is going to school either using trust money or loans.  [b]She is not considering going to a cheaper school.  [/b]

And to the PP who wants the Audi, hey if you got the credit go for it!  YOLO![/quote]

What is wrong with cheaper schools? You seem very defensive, OP. [/quote]

I'm not defensive, and nothing is wrong with cheaper schools if you want to go to cheaper schools.   But going to a cheaper school was not my question or my issue.  She has chosen her school, was accepted and decided that's where she wants to go.  She has decided that she is going to do whatever it takes to go to this school, be it using loans or all of her trust money.  Therefore talking to her about going to a cheaper school is of little importance to her.  Me and my brother are just trying to figure out which to use.  Loans or the cash.

She want to be a doctor, so she knows she has a long wrong ahead of her.  She is steadfast on this school.

[/quote]

Medical school costs about 100k. She wants to blow 120k on an UNDERGRAD school?? I had 150k I debt from professional school only, none from undergrad. I pay about a thousand dollars a month for school loans. And that's why I don't have my Audi.

I sincerely hope you are actually the neice and not the aunt. YOLO indeed.[/quote]

OP here.  No. I'm just the aunt.  Emphasis on the "just"part.  My niece has made up her mind and unfortunately there is no changing it.  My brother has not been very helpful in the college selection process and I've tried to somewhat stay out of it because of his parenting style. (He's the "She's my daughter, MYOB!" type). I don't get along with my x-SIL so I couldn't call her to engage in this process either--she also didn't volunteer to help.  I completely agree in what you said above.  I can't believe my brother did not talk to her at all about considering more reasonably priced schools. Every school she applied to is out of state and at least 30K.  Did not apply to any in-state schools.  [/quote]

Uh I thought the x-SIL passed away? Or did you mean your neice's aunt that controls the trust? [/quote]

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