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Reply to "Mother Expects me to pay for my younger sister's college education"
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[quote=Anonymous][quote=Anonymous]You’re probably right not to co-sign the student loan. But your math is all over the place. After your sister’s scholarship, you first wrote that the rest of the tuition is $31K a year. Is the $10K your mother wants from you over two years or each year? If it’s over two years, that’s not much more than you’ve been doing in the past, $5000 vs. $3750, only $1250 more per year. If it’s each year, then $31K split among the four of you is $7750, which is $4000 more a year than you’ve been giving. If you’re willing to get a part-time job, you should be able to make that much working retail one day a week. Tell your mother and sister what you amount can afford to contribute and then say no to any other requests. Your sister should get a job and may have to look into deferring her admittance (and hopefully also the scholarship) for a year while she works to save up for her tuition. [/quote] OP here. My sister has a 15k scholarship and admission to VCU. Co-pilot says after the scholarship room and board for 1 year will cost approx $40K – $50K. She also got into GMU with a 10k scholarship. Co-pilot says with room and board for 1 year the cost is approx $49K – $55K If she goes to GMU there is a possibility she may get to live with my rich sister at her house. So then the cost for tuition alone would be $29K – $30K. However my rich sister says she is done having my sister living with her and she and her husband want privacy and to focus on their own little family. I live in a small apartment by myself and as such cannot have her. [/quote]
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