Apparently the family STILL didn’t learn their lesson since loans continue to be the main mode of funding for the daughters’ grad school expenses. What happens when they can’t pay those?
Mom and Dad definitely don’t have the cash.
These parents, with illusions of grandeur and NYU prestige,
are plagued with monthly $5k payments for 25 years. Guess prestige is a witch to pay back.
I suspect their daughters wont be making significant bucks any time soon.