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[PoindexterOglethorpe]

11. While student loans are a rather special category of loans,

I learned over 50 years ago NEVER co-sign on a loan. I saw several instances of friends who'd cosigned, then the original borrower disappeared, and surprise, surprise, they were now fully responsible for the loan. It was a hard lesson, easily learned. Easily because I was not a co-signer, but I saw the incredibly negative outcomes of co-signing.

I would not co-sign for a child or parent. I'd take out a mortgage with a spouse, but not a partner, not if we're not legally married.

Another huge, undiscussed problem of student loans is that young people will major in totally impractical things, with zero regard to the ultimate job prospects. The placement offices in colleges are always frustrated, because students never come to them, never look into what they might actually do with that degree.