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Financial Planning / Paying For College


Subject:  Re: Parent vs Child Assets Date:  7/31/2001  9:53 PM
Author:  TMFAnnC Number:  4112 of 8558

As a consequence, with both income and assets dramatically reduced, my entire education was financed by the US taxpayer. I qualified for pell grants for all four years, plus interest free loans, plus a number of other grants and need-based scholarships which were unique to my state and/or university.

You're welcome, elambeth. As one of the US taxpayers who financed your education, I must say I'm not as charmed by your story as you are. Enjoy your Porche. I'm sticking with my 11 year old station wagon so that I can keep saving for my kids' college bills.

I hope you are driving that Porche to the local low-income area high school because 10 years teaching in the inner city is the only thing I can think of that might balance your karma. Yeah, sure you are.

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