She Spends Her Entire $90,000 College Fund on Clothes and Traveling. See Why She’s Now Blaming Her Parents.

She Spends Her Entire $90,000 College Fund on Clothes and Traveling. See Why She’s Now Blaming Her Parents.

Angela Markus

The cost of a college education can deter the hopes and dreams of higher learning for many students. Luckily, there are student loans, grants, and a plethora of scholarship opportunities that help make graduating from college possible. For the very lucky few, trust funs or inheritances allow students the luxury to never worry about the cost of college.

There are many young women and men who must work their way through college to complement loans or supplement for the lack there of. And then, there is a 22- year old college junior named Kim.

On an Atlanta-based show The Bert ShowKim is introduced to the audience and tells her not-so-unfortunate story. Kim’s grandparents left her a $90,000 college fund. However, it took Kim three years to blow through that money and now she is desperately looking for advice on how to complete her fourth year.



According to the College Board, the average cost of tuition for an out-of-state student is approximately $23,000 per year. The average cost for in-state student is $10,000 per year. It should be noted that the price quoted by College Board does not include books, living and other expenses. Nevertheless, $90,000 seems like a sufficient amount to obtain a degree. Would you agree?

Disguising her voice and omitting her last name, Kim explains how she squandered the money. Kim reveals that she used the money for school clothes and her college breaks. She also took a trip to Europe, which she justified as being “educational.”



What is even more alarming is that Kim is blaming her parents for this demise. She states that if her parents had taught her how to budget properly, she probably would not have been in such a predicament. Kim adds that her parents refuse to help stating that they do not have the money to do so. She believes that to be a lie because her father has worked “for a very long time.” Unbelievable!

What do you think about Kim’s situation? Don’t forget to share your thoughts and SHARE the love and pass it on.