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Showing Original Post only (View all)22-year-old college student blows her $90,000 college fund and blames her parents [View all]
http://finance.yahoo.com/news/a-college-student-blows-inheritance-bert-show-205833329.htmlAtlanta radio show The Bert Show had a guest on this week who has managed to incite the rage of just about every millennial in the state of Georgia (and beyond, the show is syndicated in 11 states).
The woman, a 22-year-old college junior named Kim, who did not give her last name on air and was allowed to use a voice disguiser to even further shield her identity, came to the three hosts with a confession: in just short three years she had managed to blow through a $90,000 college fund left to her by her grandparents. Kim has one year left of school and no way to cover her remaining $20,000 tuition balance.
The shows hosts try to give Kim the benefit of the doubt. Shes come to them (for some untold reason perhaps a financial aid officer would have been a wiser choice) in a time of great need and they at least want to try to help her.
But what followed has to be one of the most painful interviews that has ever been aired on national radio. Kim manages to personify just about every parents worst nightmare an entitled 20-something who asks for handouts rather than face the very real financial challenges of young adulthood. You can listen to the full interview online at TheBertShow.com, but weve shared the highlights of Kims cringe-inducing description of her predicament below.
The woman, a 22-year-old college junior named Kim, who did not give her last name on air and was allowed to use a voice disguiser to even further shield her identity, came to the three hosts with a confession: in just short three years she had managed to blow through a $90,000 college fund left to her by her grandparents. Kim has one year left of school and no way to cover her remaining $20,000 tuition balance.
The shows hosts try to give Kim the benefit of the doubt. Shes come to them (for some untold reason perhaps a financial aid officer would have been a wiser choice) in a time of great need and they at least want to try to help her.
But what followed has to be one of the most painful interviews that has ever been aired on national radio. Kim manages to personify just about every parents worst nightmare an entitled 20-something who asks for handouts rather than face the very real financial challenges of young adulthood. You can listen to the full interview online at TheBertShow.com, but weve shared the highlights of Kims cringe-inducing description of her predicament below.
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22-year-old college student blows her $90,000 college fund and blames her parents [View all]
KamaAina
Jul 2015
OP
Right - and her parents, though they legally may not have been able to stop her,
karynnj
Jul 2015
#58
Didn't even bother to read the link. The real problem is tuition costs, not Kim. n/t
demmiblue
Jul 2015
#4
Yep. Hard to imagine that going well. I actually think making it three years is pretty good for
stevenleser
Jul 2015
#27
My eldest daughter would have done well too, she's almost scary responsible. But that isn't typical
stevenleser
Jul 2015
#33
I dislike how we, as a society, have started treating college students as if they are children.
Maedhros
Jul 2015
#68
Yes but when I was reading that book low info coworkers accused me of reading porn
Person 2713
Jul 2015
#63
$60 K went to tuition in three years leaving 10K per year to live on. What's everyone yarping about
Monk06
Jul 2015
#61
The grandparents should have put the parents in charge of the fund. Obviously its the kids fault for
stevenleser
Jul 2015
#6
I know at that age I would have spent most of the money on fast women and raucous parties . . .
Journeyman
Jul 2015
#11
I'm of the opinion that the purpose of University education is to become educated, not trained.
Maedhros
Jul 2015
#29
But it takes a special type of ignorance to get into a mountain of debt
TexasMommaWithAHat
Jul 2015
#48
My degree is in Geology, with an advanced degree in High Temperature Geochemistry.
Maedhros
Jul 2015
#49
I support tax-payer funded junior college and technical college for all
TexasMommaWithAHat
Jul 2015
#75
I have a B.A. in History, one of those 'worthless' degrees. Made a pretty good living as a lawyer.
Shrike47
Jul 2015
#59
Hey, thanks. My trip through educationland was damned strange and I wasn't offended.
Shrike47
Jul 2015
#76
The total yearly cost for my youngest daughter's university was a bit over $38,000
Adsos Letter
Jul 2015
#69