The OP started this thread right after OP’s other thread on consumption was closed.I agree. OP made up the scenarios since the friend didn't provide specifics. So it doesn't seem actionable and am guessing the thread is about to "run it's course"Is it just me, or does this student and parent combo not make sense? Student is good enough for an elite private, parents make too much for financial aid, and yet have saved very little.
In that other thread, OP had less than generous assessment of the parent contemplating paying full freight for the likes of Vassar.
In which case, there is nothing actionable, b/c notice the phrasing “will be taking out $400k loan”, as in something already decided and is therefore moot.Person A acknowledged they won't be able to retire to 70. Person A is the same person that will be taking out $400,000 loan for tuition for their son to attend Vassar. Note – person A is 60 years old. I'm not criticizing, I'm only making observations.
Present thread seems more like a pretext to assess hypothetical value proposition than an actual inquiry seeking to resolve a bona fide question.
Statistics: Posted by InvisibleAerobar — Tue Jan 06, 2026 8:52 am — Replies 51 — Views 2612