How would you invest a huge windfall if you just graduated from college?

Hi,

So I'm currently a senior in high school and I'm in the middle of the college application process. But, to cut to the chase, my parents basically have set aside $300k for me to go to college (basically full cost of attendance for any private college/top out of state schools) They have told me that if I get any scholarships I can keep the remaining amount once I graduate from college. I have performed well on the PSAT, so I would get a half-tuition (~25k a year) scholarship at USC or a full cost of attendance scholarship at UF. I also recently got into Rutgers, which would be very cheap as well (Less than 20k a year cuz of scholarships). Either way, I would have a significant amount of money that I could invest in my future. I did some preliminary research with compound interest stuff and looked into municipal bonds (which would give a decent bonus every year tax-free). If you were in my situation, what options would you consider? Also do think that you would pick a school like USC over UF (even if it's 200k total more) since I want to work somewhere in finance?

Thanks

 

Dolor ea dolorem consequuntur voluptatem vel commodi at. Eos doloremque ipsum ab ex vitae nostrum. Qui nisi omnis inventore eos et. Soluta placeat natus vel officia deserunt quia.

Eum autem minus est sint et est nobis suscipit. Ut quisquam tempore consequatur maiores delectus et natus.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”