I'm glad you pointed out how important it is for students not consider the option of using money meant for their tuition fees to invest in Bitcoin. It's very crucial to lay much emphasis on the importance of prioritizating essential expenses such as tuition fees because it falls under money they can't afford to lose. It may not be considered to be smart investing at all to use money meant for other important expenses to accumulate Bitcoin as it could put you on a very uncomfortable spot when the sudden need for that money arises, keeping one in a compromising state of considering to sell off their holding in order to foot that need, which very bad for investment. To avoid such scenarios, it's very crucial to strike a balance between financial responsibilities and smart investing, because by doing this, they'll be building a very strong and solid foundation for their financial future.
Not just money they can't afford to lose is also money they can't hold for long , so anyone that go into Bitcoin with money they can hold for long is only in for short-term profits, which may be risky . Because they may not be able to hold for long so the chances of them selling in loss is Higher.
But due to the fact that the world is going digital each day, it has create opportunity for young students to be able to learn some skills online , which have help alot of students to start earning in their comfort zone without it affecting their studies. So such individual can actually start investing in Bitcoin with some portion of the money usually get from that skill, and he or she may choose to focus his own personal earning in Bitcoin investment
while his parents take care of his emergency funds.In that way he or she will be able to build a better investment for he or her self in a long run .
Than wasting money in some irrelevant things because now and days most young students can differentiate want from need , so they may start leaving a luxurious life style.
I don't really like the idea of parents serving as an emergency fund, even though surely there is some truth in that, yet when we start to invest into something like bitcoin, each of us likely need to get into some good practices, including the creation of our own emergency fund, even if we might be able to get away with building and/or maintaining a smaller amount because we have our parents as additional emergency funds... the same is true for other kinds of better practices in regards to using reserve funds prior to even touching emergency funds, so it may well become way and way more likely that any of us might be investing for many years and never even come close to touching our emergency funds because we use our other categories of back up funds prior to ever getting into a state of emergency (or having to use any of our emergency funds).