07-24-2009, 02:53 AM
just make sure they get a degree. Secondly, get a degree they can get a job with. Get a job they can pay back their loans with.
If you don't think they are responsible for any of the above, let your adult children figure out how they will fund their own higher education.
Agreeing to co-sign or other will only put you in the responsibility should they not be able to pay back their loans. Through ineptitude, laziness, downturn in market, illness, disability or death. Student loans can not be disposed of through bankruptcies. At least not yet.
If you don't think they are responsible for any of the above, let your adult children figure out how they will fund their own higher education.
Agreeing to co-sign or other will only put you in the responsibility should they not be able to pay back their loans. Through ineptitude, laziness, downturn in market, illness, disability or death. Student loans can not be disposed of through bankruptcies. At least not yet.