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College and University Discussion
Reply to "Parents at Ivy Leagues and expensive colleges"
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[quote=Anonymous][quote=Anonymous]DC is more new money. Old money doesn't dress up as much.[/quote] True, but there isn't that much old money any more. It's all been wasted on those lazy trust fund kids, and lost to poor investing and bad money management. Old money is now poor in many cases, and has to acquire new money. So confusing, but that slacker old money look is now rare. The trust fund babies of new money will look like that unless their parents are smart and give away their excess wealth and leave only a small amount to their kids, a la Bill Gates. [/quote]
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