Education Personal Finance News

"Teen's College Funding Denied Despite Parents' $320K Income"

A wealthy teen's parents, making $320,000 a year, refuse to pay for her college education despite just buying a vacation home and being close to retirement. Financial guru Dave Ramsey criticized the parents' decision and advised the teen to confront them about their financial choices. The situation highlights the declining value of a college degree and the burden of student debt, prompting a debate on the responsibility of parents to support their children's education in today's challenging economic landscape.