My son has been working since he got out of high school 3 years ago. He has zero debt and has just started going back to school to become a nurse. We told him he could live with us rent-free as he’s going to school. He will work part time to have some gas and other spending money, but he built himself a nice savings during his working time.
I’m thinking he’ll come out of his schooling with very little debt and will have paid for it on his own. He has no desire to let the government pay for it.
The problem is that every kid tries to get pushed into college immediately. It’s not for everyone.
Only one of mine did the four-year college bit. He’s an astronautical engineer at NASA. He lived very frugally in college, got a college job at NASA in his field that earned him enough to pay the last two years tuition. When he graduated, he rented a house with four other guys and paid off his loans (in one year). Then he started saving money for a newer car. He can probably afford to buy a house now with a decent downpayment but still lives in the rental.
So, concerning this entitled woman, any guess on what kind of car she drives? Benz? BMW? Audi?