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The Water Cooler
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College Kids turning to Prostitution to pay off college bills?
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<blockquote data-quote="tRidiot" data-source="post: 2991013" data-attributes="member: 9374"><p>I agree, and there is no way I would recommend this for most people. However, our situation is a little different - coming from outside of the country, you're at the mercy of the institution for costs. any other options in developed countries (i.e., England, EU, etc.) are just as bad if not worse. Since we paid cash for everything, she has no debt, so that is the only way she could manage it. She now has a productive job making decent money for a new college grad.</p><p></p><p>She is also contributing to a future scholarship fund for other members of the family as part of the agreement. This is intended as an ongoing, rolling fund to help the family out. There are MULTIPLE other nieces and nephews who will be coming in the next 5 years or so. <sigh></p><p></p><p>As for me and my own student loans, I only WISH I could look at being paid off in 10 years. <sigh> I'll be continually paying my loans probably until retirement, and maybe until death. <img src="/images/smilies/frown.png" class="smilie" loading="lazy" alt=":(" title="Frown :(" data-shortname=":(" /></p><p></p><p><edit> I had one doc in one of the classes I was teaching who said he was 40 before his net worth reached ZERO. I laughed.... mine won't hit that point until at LEAST 50, probably longer. <img src="/images/smilies/frown.png" class="smilie" loading="lazy" alt=":(" title="Frown :(" data-shortname=":(" /></p></blockquote><p></p>
[QUOTE="tRidiot, post: 2991013, member: 9374"] I agree, and there is no way I would recommend this for most people. However, our situation is a little different - coming from outside of the country, you're at the mercy of the institution for costs. any other options in developed countries (i.e., England, EU, etc.) are just as bad if not worse. Since we paid cash for everything, she has no debt, so that is the only way she could manage it. She now has a productive job making decent money for a new college grad. She is also contributing to a future scholarship fund for other members of the family as part of the agreement. This is intended as an ongoing, rolling fund to help the family out. There are MULTIPLE other nieces and nephews who will be coming in the next 5 years or so. <sigh> As for me and my own student loans, I only WISH I could look at being paid off in 10 years. <sigh> I'll be continually paying my loans probably until retirement, and maybe until death. :( <edit> I had one doc in one of the classes I was teaching who said he was 40 before his net worth reached ZERO. I laughed.... mine won't hit that point until at LEAST 50, probably longer. :( [/QUOTE]
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