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Reply to "Ignorant question about student loans? "
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[quote=Anonymous][quote=Anonymous][b]Yes of course. Parents have to cosign. If a parents won't cosign then a kid can be SOL.[/b] My ex had to drop out of college and go to community college because he couldn't get student loans cosigned. His parents were divorced and both argued nonstop and refused to cosign- his dad made 300k+ even back then. [/quote] If a parent has to co-sign then what’s the point? What’s the benefit of a kid taking a loan in their name with a parent co-signer other than the parents taking out the loan themselves? [/quote]
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