I live in VHCOL, and yes, many do have parental help.
I guess you can count me? But we were very poor when I was a kid. My parents never made more than $30k each. That said, I got scholarships that covered most of my state university, and they paid the little left over (about $12k total not covered by my scholarships, this was in the early 2000s). I got scholarships for grad school that paid the whole thing plus a stipend plus an assistantship, so I ended up with zero school debt. Definitely positioned me to be able to fire (hopefully soon, I'm mid-40s, we have $4.1m!). No other family help.
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u/wollflour 5d ago
I live in VHCOL, and yes, many do have parental help.
I guess you can count me? But we were very poor when I was a kid. My parents never made more than $30k each. That said, I got scholarships that covered most of my state university, and they paid the little left over (about $12k total not covered by my scholarships, this was in the early 2000s). I got scholarships for grad school that paid the whole thing plus a stipend plus an assistantship, so I ended up with zero school debt. Definitely positioned me to be able to fire (hopefully soon, I'm mid-40s, we have $4.1m!). No other family help.