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College debt..... really really smart people..
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<blockquote data-quote="Bright Raven" data-source="post: 1531634" data-attributes="member: 27490"><p>It is a burden. You have to plan. I don't know what a parent does that has 4 children. I only had one son. I started a trust fund when he was about 6. A trust allows it to grow and is sheltered from taxes. You have to declare it their money. Every chance I got, I put money into it.</p><p></p><p>Clint used it to assist all the way to a PhD. He had several scholarships at the Undergraduate level at Montana State in Bozeman where he got his BS in microbiology. With the assistance of the scholarships, we bought him his first car.</p><p></p><p>After graduation, he went to the University of Louisville Medical School where he studied Protein Biology. It was a research/study situation and got paid to cover his expenses. His car died. I flew down and bought him a brand new Toyota Corolla.</p><p></p><p>He then went to Vanderbilt University for his PhD in cancer cell biology. He got a stipend for a research assistanceship. The downside to that was they held on to him for way too long because they used him to keep him doing their research. It was frustrating how they mistreat the better candidates.</p><p></p><p>Long story, but in the end, he ended with ZERO debt.</p></blockquote><p></p>
[QUOTE="Bright Raven, post: 1531634, member: 27490"] It is a burden. You have to plan. I don't know what a parent does that has 4 children. I only had one son. I started a trust fund when he was about 6. A trust allows it to grow and is sheltered from taxes. You have to declare it their money. Every chance I got, I put money into it. Clint used it to assist all the way to a PhD. He had several scholarships at the Undergraduate level at Montana State in Bozeman where he got his BS in microbiology. With the assistance of the scholarships, we bought him his first car. After graduation, he went to the University of Louisville Medical School where he studied Protein Biology. It was a research/study situation and got paid to cover his expenses. His car died. I flew down and bought him a brand new Toyota Corolla. He then went to Vanderbilt University for his PhD in cancer cell biology. He got a stipend for a research assistanceship. The downside to that was they held on to him for way too long because they used him to keep him doing their research. It was frustrating how they mistreat the better candidates. Long story, but in the end, he ended with ZERO debt. [/QUOTE]
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College debt..... really really smart people..
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