Mom Spent Son’s College Loan Money: 6 of the Most Helpful Insights

One person, whom we’ll call Devon, trusted his mom with their loan money, only to regret it months later when she spent the money and refused to pay him back. Devon reached out to an online community, and they provided support and recommendations.

Devon received a $4,000 loan a few months ago to help pay for expenses while they get their computer science degree. But Mom learned about the loan and begged Devon to give her the money because she needed immediate funds.

Devon Takes Out A Loan For College

Many commenters had no advice but shared support for Devon during their financial distress. Some said they couldn’t fathom taking money from their kids, and this scenario is heartbreaking.

Who Could Steal Money from Their Kids?

Online fundraising websites can be beneficial when gathering money for a good cause in a short amount of time. One commenter told Devon to consider setting up a GoFundMe to ask for donations and help them get through the next few months.

Try Setting Up a GoFundMe

While most comments urge Devon to reach out to their dad to tell him what’s going on and ask for help, one user suggested that they ask other family members for help if possible.

Reach Out to Other Family Members

While it may seem easier to stay silent, that only helps their mom take advantage of them. If Devon were to speak out, share their story, and ask for help, they would have a much better chance of paying their rent, and their mom may face the repercussions of her actions.

Don’t Keep It a Secret

Most commenters agree that the best option is for Devon to contact their father. “to me, drama sounds better than being kicked out of your apartment,” one user wrote.

Get Dad Involved

While Devon may feel guilty about getting their dad involved because of a fear of causing drama, one user pointed out that Devon isn’t the one causing it. “Mom created the drama, and now Devon is dealing with the fallout,” they said.

Mom Caused the Drama, Not Devon

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