Reply to Found out FIL paid off grandson’s student loans/zero help for my kids

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My parents just “loaned “ my brother $100k for a house. I know he is struggling and we aren’t but it feels like he is being rewarded for making bad choices.[/quote]

OP here. This. The grandson chose an expensive out-of-state school, and my kids chose in-state public schools and received $20,000 and $36,000 respectively in merit-based scholarships. They got jobs to pay for expenses. The grandson couldn’t get a job for a long time and when he did, kept getting fired. His father (my BIL) couldn’t help him because he had bad credit (bankruptcy) and didn’t make a lot of money because of no college education. My husband and I scrimped and saved money in 529 plans from the kids’ infancy to pay for college.[/quote]

Then your FIL was stupid to enable this kid to be so financially stupid.  He might as well have thrown his money into the fireplace.

Hopefully the boy will learn his lesson and start to make better decisions in life.  Be glad you aren't dealing with that with your own kids.  But for the grace of God..

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