When one of my friends graduated HS (in 1989), his dad gave him 3 options:

1 - $15k he can use to start a business

2 - $15k to travel the world

Or

3 - $15k to start college

$15k was about six months salary for his dad in 1989.

He opted for #2, which he was able to stretch for about 4 years.

He then returned home with a wife at which point he started his own business (general contracting).

After which he went to college (in his late 30's).

My friend is now 53 y/o and he made a similar offer to his son who graduated last week.

We're waiting to hear the decision.

I suspect the dollar number is a bit more then $15k considering his dad's income bracket, but the actual figure wasn't disclosed.

Which option would take coming out of HS?

Reply to this note

Please Login to reply.

Discussion

And he went for #3 . I am personally disappointed. But at least he kept it in-state. Hopefully it keeps him off of that perpetual corporate hamster wheel.