4 ms·
If they get cash up front the time value of money and compounding interest will set them up for a lifetime of higher wage earnings than college -- assuming they
by client4 5y ago
If they get cash up front the time value of money and compounding interest will set them up for a lifetime of higher wage earnings than college -- assuming they don't blow all of it immediately.
- jimbob45 5y agoThey blow it all immediately. It would be better to set up a fund that they can’t touch for 30 years with a small wage on the side but that would be pointless because there would be nothing stopping them from taking out early loans against the fund.