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College Fund Wasted On Disney Trip Sparks Kid’s Quiet Rebellion, Parents Face It Years Later
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College Fund Wasted On Disney Trip Sparks Kid’s Quiet Rebellion, Parents Face It Years Later

College Fund Wasted On Disney Trip Sparks Kid’s Quiet Rebellion, Parents Face It Years LaterParents Say They’re “Not Obligated” To Give Child Money, Get A Taste Of Karma Years LaterParents Try To Take Advantage Of Successful Kid, Get Reminded Of The Unfair Hand They Played“They Want To Retire Early”: Parents Get A Big Fat ‘No’ After Denying Kid Their College Fund Years AgoEngineer Turns Parents’ Past Decisions Against Them When They Ask For Financial Aid“AITA For Not Helping My Parents Since I'm Not Legally Required To Do So?”Kid Watches Siblings Get Funded Through College, Gets Nothing, Forges Their Own Success StoryParents Seek Financial Help From Successful Child, Get Confronted With Past InjusticesPerson Refuses To Give Parents A Cent After Unfair Denial Of College Fund Leaves Them GrindingEngineer Uses Parents’ Words Against Them After They Come Begging For Financial Support
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In many places, education is not cheap; unless, of course, your hard work and outstanding achievements result in some sort of a scholarship.

The latter is what this redditor got, which meant that his parents didn’t have to spend the money they had been saving up on his education. However, they didn’t give said money to their son, either, saying that they were “not legally obligated” to do so. That’s why the son told them the same thing roughly a decade later. Scroll down to find the full story below.

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Education often leaves quite a big hole in one’s pocket

Image credits: Karolina Kaboompics / pexels (not the actual photo)

These parents didn’t need to pay for their son’s education, but they didn’t let him spend the money on other things, either

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Image credits: Rick Han / pexels (not the actual photo)

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Image credits:  Salvador Escalante / unsplash (not the actual photo)

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Image credits: David Hahn / unsplash (not the actual photo)

Image credits: Old-Conference295

Quite a few parents start to save up for their child’s education way in advance

Nowadays, education is quite costly, especially in the US, so it’s no surprise that it can leave quite a dent in one’s budget. That’s why many parents start saving quite early in case their offspring wants to continue studying after graduating high school.

According to a recent Northwestern Mutual Planning & Progress Study, two-in-three parents in the US try to cover at least part of the costs of their children’s studies; one-in-three aim to cover it all. Not only that, some of them—one-in-five, to be exact—are saving up to help their loved ones pay for higher education while paying back their own college loans.

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According to Education Data, parents’ savings and investments only make up roughly 7% (as of 2023) of college student tuition funding. The largest piece of the pie—roughly 58%—are covered by income, grants, scholarships, and other funds that do not need to be repaid, and the second largest (close to 20%) is covered using money that has been borrowed.

Putting themselves through higher education can cost a student tens of thousands of dollars

Image credits: JESHOOTS.COM / unsplash (not the actual photo)

If you’re wondering how much one has to save up to put themselves—or their child or loved one—through higher education, the answer is: a lot. According to Statista’s 2022 data, the average cost for tuition and fees at US higher education institutions was over $14,000 US dollars; and that does not include expenses for the room and board. With the latter, the price can rise to as much as $30,000 USD for a four-year degree in the US.

Though it’s important to mention that the price can differ not only based on the length of the studies or the field of study, but on the specific location in the country, too. Forbes suggests that out of all the states in the US, South Dakota, Montana, and Wyoming are the most affordable options respectively. As for the global situation, Norway, Taiwan, and Germany are reportedly some of the cheapest countries to study abroad.

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In the OP’s case, it wasn’t the price of the studies that was the cause of problems in the family. It was the fact that the parents didn’t want to share the money they saved once their son graduated high school, saying that they weren’t legally obligated to, which became the reason why their son didn’t want to share his savings later in life, either.

Many people believed that the son was not being a jerk for refusing to help his parents

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Some, however, took a different stance

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Miglė Miliūtė

Miglė Miliūtė

Writer, BoredPanda staff

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A writer here at Bored Panda, I am a lover of good music, good food, and good company, which makes food-related topics and feel-good stories my favorite ones to cover. Passionate about traveling and concerts, I constantly seek occasions to visit places yet personally unexplored. I also enjoy spending free time outdoors, trying out different sports—even if I don’t look too graceful at it—or socializing over a cup of coffee.

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Miglė Miliūtė

Miglė Miliūtė

Writer, BoredPanda staff

A writer here at Bored Panda, I am a lover of good music, good food, and good company, which makes food-related topics and feel-good stories my favorite ones to cover. Passionate about traveling and concerts, I constantly seek occasions to visit places yet personally unexplored. I also enjoy spending free time outdoors, trying out different sports—even if I don’t look too graceful at it—or socializing over a cup of coffee.

Mantas Kačerauskas

Mantas Kačerauskas

Author, BoredPanda staff

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As a Visual Editor at Bored Panda, I indulge in the joy of curating delightful content, from adorable pet photos to hilarious memes, all while nurturing my wanderlust and continuously seeking new adventures and interests—sometimes thrilling, sometimes daunting, but always exciting!

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Mantas Kačerauskas

Mantas Kačerauskas

Author, BoredPanda staff

As a Visual Editor at Bored Panda, I indulge in the joy of curating delightful content, from adorable pet photos to hilarious memes, all while nurturing my wanderlust and continuously seeking new adventures and interests—sometimes thrilling, sometimes daunting, but always exciting!

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KatSaidWhat
Community Member
3 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Once again with YTA not seeing the point. Instead of saving the education money for retirement, they squandered it. Now they want to retire EARLY and want the son to pay for it. Not the other siblings, just him. Guy has worked hard for his life and money and is not obliged to pay for them to not work anymore out of choice. NTA. But the YTA people are.

Nota Robot
Community Member
3 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Also, the guy said in a comment that he would help out in an emergency. I was already leaning heavily towards NTA, but that sealed it for me.

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Traveling Lady Railfan
Community Member
3 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

This was a good story but not what I expected. I read the title as "parents say they're 'not obligated' to give child MONKEY, get a taste of karma years later ". There was no monkey. And I should have had my glasses on.

TribbleThinking
Community Member
3 months ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

"Dear parents, I have absorbed the lessons you carefully taught and explained to me. If you have any concerns, please do take your complaints to the policy makers. You'll find them easily accessible as they're conveniently based at your home address."

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KatSaidWhat
Community Member
3 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Once again with YTA not seeing the point. Instead of saving the education money for retirement, they squandered it. Now they want to retire EARLY and want the son to pay for it. Not the other siblings, just him. Guy has worked hard for his life and money and is not obliged to pay for them to not work anymore out of choice. NTA. But the YTA people are.

Nota Robot
Community Member
3 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Also, the guy said in a comment that he would help out in an emergency. I was already leaning heavily towards NTA, but that sealed it for me.

Load More Replies...
Traveling Lady Railfan
Community Member
3 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

This was a good story but not what I expected. I read the title as "parents say they're 'not obligated' to give child MONKEY, get a taste of karma years later ". There was no monkey. And I should have had my glasses on.

TribbleThinking
Community Member
3 months ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

"Dear parents, I have absorbed the lessons you carefully taught and explained to me. If you have any concerns, please do take your complaints to the policy makers. You'll find them easily accessible as they're conveniently based at your home address."

Load More Comments
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