A laser printer is actually better for low volume printing. With ink cartridges, they dry up if you don’t use them within a year and will need to be replaced.
I’ve had my laser printer for about 12 years now, and only replaced the drum once since I print so little. Also, I have a Brother printer, which was roughly around $50 at the time.
Calling it “nepotism” is really weird. It’s just family lending money to their kids.
Nepotism would be more like your parents owned a second home with renters living there, then you kicked the renters out because of your family connection just to live there rent free.