off-campus finances among roommate -- suggestions?

somemom
Fri, 15 May 2009 17:36:11 +0000

There are a lot of things college kids (and other adults ;)) should do, yet manage to avoid- going to every class, not drinking underage, paying their share of the bill, cleaning the hair spiders out of the shower, etc.

If a parent cosigns a lease, then a parent’s credit score is at risk from the behaviours of every other roommate. We had to pick up some bills to cover the unpaid amounts to protect our credit, I would not recommend it.

If you have only had good experiences, it is difficult to fathom the bad things that can go wrong. I would have to admit that my DD was not blameless, most of all by not choosing wisely.