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College and University Discussion
Reply to "Pay for college with loans or cash..."
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[quote=Anonymous][quote=Anonymous] [quote=Anonymous]Extremely naive and uninformed aunt.[/quote] That isn't fair. The aunt s asking. Aunt, who is signing these loans? It had better not be you. If this girl really only has $100k plus loans available for undergrad +med school, she will find the path to her MD to be very long and hard. Loans are expensive. [/quote] Aunt Op here. To some degree I am uniformed and naive about the college application process. I don't have college aged children and I graduated college some 20 years ago. So I don't know the process today. I am trying to investigate and be helpful to my niece but honestly my brother basically told me to butt out. My niece is coming to me because her dad (my brother) can be a real ignorant asshat. The aunt that controls the trust lives 1000 miles away and hasn't had much contact with niece since her sister died 6 years ago. Actually niece just found out about the trust last week after I forced the issue and told niece to call other aunt to get details. And now that asshat brother knows about the 100k, he doesn't even what to contribute the 10k he supposedly has. She has to decide on a school by 5/1. She applied to no in-state schools. [/quote]
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