Originally Posted by Eupher
I also agree with the taking a term life insurance policy out to cover the cost of the loan ..
Cosign for your kids student loan? Not smart.
Cosign so your kid, who has a two year old child, can study "Music Production"? Dumb.
I expect there were lots of dumb things going on in that house.
So the feds forgave 2 of the loans. That was nice of us.
Some of my Facebook friends had an interesting take on this. If each of those 200,000+ who signed her petition each gave her a nickel, she could have paid those loans off completely. But it looks like the taxpayer, once again, is on the hook for someone's choices.