A Wise Investment: Couple Puts Dream Purchase Aside To Pay College Tuition For Elementary Students!
Posted by GreaterGoodness
A boat is a great gift, especially for sailing enthusiasts. However, one couple in California gave up their dream of owning a boat and instead pledged funds to pay tuition for 26 kindergarten kids for two years of community college and two years at a state university.
The Burbanks are self-professed sailing enthusiasts. They met on a boat, got engaged on a boat and celebrated their wedding on a yacht. The two had been saving up to purchase a sailboat.
However, two weeks before Christmas, Marty Burbank heard a sermon in church that made him change his mind. The pastor preached about sacrifice and charity, and, suddenly, buying a boat felt like a selfish venture. He decided to set up a private foundation and donate money to it every year to help educate these children.
The only requirement is that the students must write essays or draw pictures every year about what enrolling in college means for them and their families.
The parents of these 26 students may never have been able to afford a college education for them. Burbank and his wife Seon Chun-Burbank have lessened the financial burden on these parents and made it possible for the children to go to college.
Both Marty and his wife were the first in their families to go to college, and they needed financial help to do this. Marty got financial help from the military, and his wife attended college after an aunt volunteered to pay her tuition. They are paying it forward by giving these young children the hope of going to college. Factoring in inflation, the total cost of going to college for the 26 students is approximately $1,182,000. This has an impact on the couple’s finances, and Marty may have to delay retirement to raise the funds. However, he understands that to touch the future, he must invest in that future.