Dear kid:
Your parents were idiots to co sign your loan. This came up during my kids financial aid process. My wife and I explained that we had saved X dollars, and would provide a place to live and transportation for no charge. Anything above that would be on them.
We explained we had already signed and paid student loans without any assistance from our parents. In fact, when I was out of college I got three months free room and board. Then I had to pay them $100 a week (which my mom put into a savings account for me. It was given to me when I got my first apartment...)
Anyone putting themselves further into debt to cover your kids college is a risky proposition if they are no pre-med and really, really dedicated.
This person is a fool. How about we trade 5 5-8 years of infantry duty as a fair trade. $200 a week stipend.
How about we trade 5 5-8 years of infantry duty as a fair trade. $200 a week stipend.
If the kid would have volunteered service he would have had his college all paid for.
My daughter did it. All she did was go to war and serve her country. I am very proud of her.