The person in question does not already have a college degree, and that money was supposed to be so they could go to college.
Instead, they bought an SUV.
Is he a fool?

I have a valid license, but I am confused as to how the insurance works if I am driving a friend’s car. What will happen if I get into an accident (knock wood)? Does it make a difference if I have my own car or not? If I do not have a [...]

I have about 15 different student loans from different companies, some private some federal. Is there someone I can pay that will organize these for me and find companies to consolidate them! Im not sure what there job title would be but im drowning here I cant make sense of it!

This person is a student and will graduate soon and wants a card so he can establish credit. Any ideas on a good one for someone who has never had credit?

I am considering dropping out of school. I am only one class into a 4 class period. The school holds the funds for the future classes. These funds come from lenders. Where does that money go?

I applied for a subsidized and unsubsidized loan in March 2010 and awarded both. Being it was my first time to do so and “new” to the educational college system. Mismanaged it and would like to hear from someone who knows how often can one apply for loans or are they a one time loan [...]

My stepdaughter is covered on my insurance, which is a major carrier. However, there are copays, which her birth mother does not want to pay (she chooses not to work). So she applied for, and received, Medicaid and another type of state insurance on my stepdaughter. Now my stepdaughter [...]

My cousin is into the stock market in FL and is doing good despite our economy because he is in bonds and certificates and commodities. Can someone please help me with this?