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College and University Discussion
Reply to "WWYD: Weird Paying for College Situation "
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[quote=Anonymous]Your kid has $100k that MUST be spent on education plus $350k that CAN be spent on education plus $50k every year for life. I don't understand why you are treating the $350k like some sort of sacred nest egg (for down payment or starting a business) when the $50k/year can play that same role. If it were me, I'd offer to contribute the cash equivalent of state school tuition + expenses and say that if he wants to go the top school, the remainder comes out of his GIANT POOL OF MONEY.[/quote]
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