Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

Wellstone ruled

(34,661 posts)
12. Hey folks,
Wed Feb 26, 2020, 04:01 PM
Feb 2020

this is the new normal . Have a couple of Grand Kids who I know will never plan to payback their Loans that their Parents co-signed for. We washed our hands of that mess that is coming down the road.

Thought we taught them better,boy,did we get a reality check. Neighbor Lady said she is going to have to help paying off her one Son's Student loans and she is a Widow 79 years old. She found out her late Hubby had co-signed the loan docs years ago.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Their daughters need to pay the loans back. BusyBeingBest Feb 2020 #1
Exactly,that was my first thought. virgogal Feb 2020 #2
Parent Plus Loans Freddie Feb 2020 #3
I know--but there's no reason why the daughters can't set up a payment arrangement BusyBeingBest Feb 2020 #4
From the article irisblue Feb 2020 #9
Well, that's good. BusyBeingBest Feb 2020 #10
True Freddie Feb 2020 #11
Student loans need to be cosigned. Act_of_Reparation Feb 2020 #5
And that sucks balls 🏀⚾️🏈🏐🎱 because it directly affects our credit ratings too. TheBlackAdder Feb 2020 #7
Mine didn't (for law school) democrattotheend Feb 2020 #8
For undergrad, MissB Feb 2020 #14
Maybe Bezos will give up a minute of income and clear that debt. Hermit-The-Prog Feb 2020 #6
Hey folks, Wellstone ruled Feb 2020 #12
My in-laws co-signed private loans for my niece MissB Feb 2020 #15
She might have a income to debt ration that is positive Wellstone ruled Feb 2020 #17
Learn a trade IBEWVET Feb 2020 #13
Not everyone is suited to the trades, just like not everyone is suited for Art History. Coventina Feb 2020 #16
I agree IBEWVET Feb 2020 #18
Then everyone learns a trade. Act_of_Reparation Feb 2020 #20
The student loan situation in this country is insane. smirkymonkey Feb 2020 #19
Latest Discussions»General Discussion»Retired, or Hoping to Be,...»Reply #12