A 62-year-old couple who have custody of their granddaughter are asking how they can afford to send her to college. In a letter published by MarketWatch on August 31, 2026, they explain that neither of them attended college, even though they have done well for themselves, and that they have no experience with the college process.
The couple's situation reflects a broader challenge faced by grandparents who take on the role of primary caregivers. With no personal experience of higher education, they are seeking advice on how to navigate the financial and procedural aspects of college funding.
No college experience, but financial success
The couple notes that they have done well for themselves financially, yet they lack the knowledge that comes from having attended college. This gap in experience leaves them uncertain about the steps needed to finance their granddaughter's education, from understanding financial aid to choosing savings vehicles.
Seeking guidance from MarketWatch
Their letter to MarketWatch is a request for practical advice. The publication, which often addresses personal finance questions, has not yet provided a response in the excerpt. The couple's question is open-ended, leaving room for expert input on topics such as 529 plans, scholarships, and grants.
The open question: what steps should they take?
The story leaves the couple awaiting guidance. The key question is what specific strategies they should employ to fund their granddaughter's college education, given their age and lack of experience. The answer will likely involve a combination of savings, financial aid, and possibly seeking professional advice.