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A New York Woman Questions $150,000 Debt After Parents Buy Luxury Car
Yahoo Finance· 2026-02-02 21:54
Quick Read Lily agreed to repay $150,000 in Parent PLUS loans despite having no legal obligation to do so. Her parents recently financed a $60,000 luxury vehicle while Lily maintains only $1,000 in emergency savings. The recommended path is honoring the commitment while refusing all future financial entanglements with the parents. Investors rethink 'hands off' investing and decide to start making real money A decade after college, Lily from New York City faces a financial dilemma that tests the b ...