Jacqueline Kent Cooke: Heiress Arrested

[onlydarksets]

Originally Posted by GMScud

I got a friggin idea, count your blessings for being more financially fortunate than 99.5% of the planet, get a stinking job for a while, or better yet, go to a public university in Texas. There are plenty of them. It's not you're being denied a college education because you can't afford $23K a year in tuition. This is a joke.

Let's be fair to the heiress - tuition, room, and board are $41k/year. My math is just so-so, but I'm pretty sure $41k<$50k. Even if taxes reduce the $50k, get a loan.

[onlydarksets]

BTW, the daughter of the former patriarch of the Skins goes to school in Dallas? She obviously has horrible judgment.

[GMScud]

Originally Posted by onlydarksets

Let's be fair to the heiress - tuition, room, and board are $41k/year. My math is just so-so, but I'm pretty sure $41k<$50k. Even if taxes reduce the $50k, get a loan.

The article says she can't get a loan because of the $5M trust. Which is why I suggested a public university.

[onlydarksets]

Originally Posted by GMScud

The article says she can't get a loan because of the $5M trust. Which is why I suggested a public university.

I'm pretty sure the attorney in the article is wrong. It would disqualify you for need-based aid, but not a private student loan - in fact, I would think banks would LOVE a customer like her.

Also, I was definitely agreeing with you - she can afford this.

[GMScud]

Originally Posted by onlydarksets

I'm pretty sure the attorney in the article is wrong. It would disqualify you for need-based aid, but not a private student loan - in fact, I would think banks would LOVE a customer like her.

You're absolutely right about a private student loan. Regardless, her mother was quoted as saying "her father never intended for her to want for an education." Want for an education??? Please. University of Texas at Austin has tuition, room, and board for just a hair over $16K annually.
USNews.com: America's Best Colleges 2008: University of Texas–Austin: At a glance


I just feel so bad for her. I mean, imagine the emotional suffering that comes with facing the possibility of getting a part time job??

[onlydarksets]

Originally Posted by GMScud

You're absolutely right about a private student loan. Regardless, her mother was quoted as saying "her father never intended for her to want for an education." Want for an education??? Please. University of Texas at Austin has tuition, room, and board for just a hair over $16K annually.
USNews.com: America's Best Colleges 2008: University of Texas–Austin: At a glance


I just feel so bad for her. I mean, imagine the emotional suffering that comes with facing the possibility of getting a part time job??

lol - that's right, the $25k/year as a 16 year old was "walking around money". laughable.

[SC Skins Fan]

Originally Posted by onlydarksets

lol - that's right, the $25k/year as a 16 year old was "walking around money". laughable.

She was also pulled over in a BMW 325i. BMW of Columbia has a used 2006 model for $27,990. Oh, and then there is the fact that, from what I can gather from that article, her mother was a serious gold digger who went after a super rich man who was 43 years older than her, stayed with him long enough to get pregnant, and managed to get a $5M trust for her daughter out of the deal. Classy folks.

[skinsfan69]

If I were her I wouldn't even go to college. I'd invest the money in real estate and work a BS job. But that's just me.

[GMScud]

Originally Posted by skinsfan69

If I were her I wouldn't even go to college. I'd invest the money in real estate and work a BS job. But that's just me.

I don't know the girl, but from the sounds of it (whining about a huge inheritance while driving your BMW under the influence at age 19) she's got a pretty big sense of entitlement. I sincerely hope she actually wants an education, but I'd be surprised if getting a college degree means a whole lot to her. Probably just something for her to do until she turns 21 and her annual payments go up to $100K.

[skinsfan69]

Originally Posted by SC Skins Fan

She was also pulled over in a BMW 325i. BMW of Columbia has a used 2006 model for $27,990. Oh, and then there is the fact that, from what I can gather from that article, her mother was a serious gold digger who went after a super rich man who was 43 years older than her, stayed with him long enough to get pregnant, and managed to get a $5M trust for her daughter out of the deal. Classy folks.

What if a super rich women wanted you to marry her and she was 43 years older than you? She was worth a billion dollars. You knew when she died you'd be set for life. Would you do it? Call me classless but I would. In this women's case he cut her out of the will and only left money to the kid.

JKC knew what he was doing. He just wanted to bang some younger tail. Look at Hugh Hefner? Or the guy that married Anna Nicole? If you were in your mid 70's or 80's, and you could still pull something 43 years younger you'd do it too. We all would. Hell, Hef is nailing hot ass 22 year olds. They sure as hell don't want him for anything else but the $ and the lifestyle. Who wants to have sex with a 75 year old women if you don't have to??

[SC Skins Fan]

Originally Posted by skinsfan69

What if a super rich women wanted you to marry her and she was 43 years older than you? She was worth a billion dollars. You knew when she died you'd be set for life. Would you do it? Call me classless but I would. In this women's case he cut her out of the will and only left money to the kid.

JKC knew what he was doing. He just wanted to bang some younger tail. Look at Hugh Hefner? Or the guy that married Anna Nicole? If you were in your mid 70's or 80's, and you could still pull something 43 years younger you'd do it too. We all would. Hell, Hef is nailing hot ass 22 year olds. They sure as hell don't want him for anything else but the $ and the lifestyle. Who wants to have sex with a 75 year old women if you don't have to??

Did you check out this line in the article?

"Suzanne Martin Cooke, who married Jack Kent Cooke in 1987, when he was 74 and she was 31. The two separated within weeks, and she later said she reneged on a promise to have an abortion. She received nothing in Mr. Cooke's will."

[firstdown]

Originally Posted by GMScud

You're absolutely right about a private student loan. Regardless, her mother was quoted as saying "her father never intended for her to want for an education." Want for an education??? Please. University of Texas at Austin has tuition, room, and board for just a hair over $16K annually.
USNews.com: America's Best Colleges 2008: University of Texas–Austin: At a glance


I just feel so bad for her. I mean, imagine the emotional suffering that comes with facing the possibility of getting a part time job??

Thats in state tuition out of state is 24,500 plus 8,500 room and board so its close to 33,000. I don't feel sorry for her just correcting the amount for anyone who may.

[firstdown]

Originally Posted by skinsfan69

JKC was a mean old bastard. If I had that kind of money I'd leave everything to my family memebers. Not to some trust which happens to be a bunch of people who worked for him. It makes no sense. He only left his own son 25 mil or so out of a billion?? That's crazy.

He did not want to just leave everything to his son and thought they needed to work for their money. What he did get to us a a bunch of money but compared to his estate was very small. I have a friend who has become very wealthy and is worth about 14mil or more. He still did not let his son fly in 1st class when going with him on business trips becasue he felt that he needed to earn it. I thought that was a little over board but his son has grown up and is doing very well on his own. Some times tough love is the best love a parent can give. It does not seen to have work for JKC daughter.

[GMScud]

Originally Posted by firstdown

Thats in state tuition out of state is 24,500 plus 8,500 room and board so its close to 33,000. I don't feel sorry for her just correcting the amount for anyone who may.

Well, I'm assuming she's a resident of the state of Texas, which is why I posted those numbers. Regardless, my point was she can attend a good public university in whatever state she resides and pay much less than the $23K in tuition at SMU.

[Giantone]

Originally Posted by onlydarksets

I'm pretty sure the attorney in the article is wrong. It would disqualify you for need-based aid, but not a private student loan - in fact, I would think banks would LOVE a customer like her.

Also, I was definitely agreeing with you - she can afford this.

Nope , I agree you would think other wise but after doing all the paper work for my daughter and college for the last 4 years that if that child has any money at all loans are almost impossible to get!