How many investors drop their money at the doorsteps of businesses and say, "I don't know you personally from Adam, but you have a good reputation so I'm sure you'll do the right thing with this wheelbarrow full of money"?
Yet many well-meaning parents do just that when they send their children off to college. Who wants to be labeled a "helicopter parent"? Like "soccer mom," the term has a host of derogatory connotations. Fearful of being labeled or denying their progeny independence, parents leave one of their family's most important investments in the hands of educational institutions that may not be up to the task.