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Financial Literacy - College funding
SPOTLIGHT
On college financing
Celebrities speak out
Smart ways to pay for college
 
 Celebrities:
Carl St. Clair
Michael Connelly
Al Franken
Mike Greenberg
Brad Meltzer
Ian Rankin
Nicholas Sparks
Celebrity Q&A
Who: Al Franken
Notable:
Author ("Rush Limbaugh Is a Big, Fat Idiot")
Fame & Fortune Q&A:
Bankrate: How did your grandmother figure in your education?
Al Franken: My grandmother, my dad's mother, was widowed pretty young, and she was a German "hausfrau" and never spent a dime. We moved to Minnesota and she lived in New York, and every Sunday morning at 9 a.m. sharp during the 1950s and '60s we would get a call from my grandmother and she would tell the operator to interrupt her at three minutes, and that was it. My dad would pick up the phone and go, "Liebchen," because they were German immigrants, and after three minutes, that was it. And she, by virtue of investing and stuff like that, left our family a couple hundred thousand dollars or something, which actually meant something then. It was sort of what carried my parents through and got us through college.
Lesson learned: 
Often grandparents help with college tuition.
Read the entire interview with Al Franken.
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  What's your secret to success with college funds?
Or, are you struggling? Share your story.
-- Posted: Sept. 17, 2007
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