I havent really thought about til now but do these kids have to pay taxes on this money? Does the school have an accountant or someone to help them? Or maybe take the taxes out and give them a weekly check so they don't go crazy with it. I don't know to many 18-22yr Olds with the maturity to hold some back without some guidance, Hell I don't know many adults that get a 1099 that have put the money up and not spent it.
