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re: Today's issue of personal responsibility: student loans
Posted on 7/29/14 at 9:39 am to Rickety Cricket
Posted on 7/29/14 at 9:39 am to Rickety Cricket
quote:
I don't understand how a parent can co-sign for a loan.
Well, this is kind of ridiculous and selfish.
Posted on 7/29/14 at 10:02 am to TK421
quote:
Well, this is kind of ridiculous and selfish.
No it isn't. This can ruin the parent financially with not much time left in their working career to make up for the tragedy. On the other hand a 21 year old who wrecks themselves financially has 44 years left in a working career. Let them shoulder the financial burden and you as the parent help out when you can.
Posted on 7/29/14 at 11:30 am to TK421
quote:
Well, this is kind of ridiculous and selfish.
No it isn't. Its sensable.
Why would a responsable parent sign a lifetime obligation so their child can go to college and party for five years.
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