arents co-signed student loan..now at $50000,,,4 programs..no degrees...child is 24 and not attending school.
Parents are now separated, 4 years later.
24 year old is going thru something, moved away from everyone and everything she has known.
She has just bought a very expensive used car....assuming the mom has cosigned the loan..
She has literally informed her parents they will now be responsible for her student loan. so half each month....
Anything parents can do...if they dont pay, hit on their credit score.
They were both more then willing to pay til she moved out,,,no money..and now cant even pay off living and car expenses, when she lived in a rent free situation with both parents contributing
Parents are now separated, 4 years later.
24 year old is going thru something, moved away from everyone and everything she has known.
She has just bought a very expensive used car....assuming the mom has cosigned the loan..
She has literally informed her parents they will now be responsible for her student loan. so half each month....
Anything parents can do...if they dont pay, hit on their credit score.
They were both more then willing to pay til she moved out,,,no money..and now cant even pay off living and car expenses, when she lived in a rent free situation with both parents contributing
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