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Group Therapy Thursday

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It's Group Therapy Thursday time sponsored by Paladino's Cicero Pizza!

Dear Ted and Amy,
My husband and I started saving for our son's college when he was a baby. We had a small amount set aside from each paycheck. By the time he turned 18 this year, there was $200,000 ready to send him to almost any school he chose. As high school graduation approached, my son chose to get a job instead repairing boats. He has spent the last 3 years doing it part time and is making decent money. He says he could make a lot more if he opened his own business, but that's going to cost money. He has asked us for his college fund to do it. I think it is a fair request, as the college fund was simply money we set aside to lay the foundation for our son's future. My husband disagrees and says that a college fund is for college. He says that businesses fail and go away, but college degrees do not. We haven’t seemed to be able to have a civil discussion about it. Does my son deserve his college fund to open a business or should we wait to see if he needs it in the future?
Signed,
Proud Mom in Minoa

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