If I had no college degree, I would go to a state school and obtain a zero-debt degree in computer science (maybe dual-major in math or stats) with it. This is

If I had no college degree, I would go to a state school and obtain a zero-debt degree in computer science (maybe dual-major in math or stats) with it. This is a good investment. If I did have a college degree, I would get a job and stuff the money into an automatic "growth" stock index and ignore it until time came that it became needful. Possibly in a retirement fund, possibly in a house fund, possibly in a "children's college" fund, depending on life priorities. For pure bang-for-the-buck long-term, an IRA wins here.