This might be illegal simply on grounds that if it's a "college savings account" it may only be withdrawable for financing higher education. Talk to a bank officer.

I'm doubting this fml... Like others have said, pool and HDTV will cost more than $10k. Anyways, if all you had for college was $10k, you probably had no where near enough anyways (unless you're going to be living at home while going to school). Even then, you'd probably go through $10k your first year.

Oh God, I am so sorry! :(

Take their credit card.... Then have fun... Problem solve. LOL..

Better start saving again. FYL

No 38 your a freakin idiot, take their credit card and get a cash advance

Unfortunately, $10,000 would not be nearly enough for college anyways. It would help, but you would still need a lot more, even if you were living at home.

lol #57 id just ask for the money back if you wer saving up and what if they stole his credit card. FYL good luck

I agree with the others here: 1. You probably knew your parents would be like this. Unless you were completely trusting of your parents, there was (NO REASON) for you to give them access to it. 2. I would immediately file a lawsuit against them. Sorry, but I love my parents and all, but if they were really messed up as your parents seem to be, I would call my lawyer without blinking an eye.

Ouch. & to those saying YDI for allowing their parents access to the account...if they've been saving since they were a kid, it's probably an account their parents open up for them when they were younger and were looking after it until they were old enough/going to college. My grandparents set me one up, which both they and my parents paid money into and I won't be able to access the money until I need it. Sucks you have parents who were too selfish to consider your own feelings. I hope there is something you can do about it though x