Parent Plus Loan as a non-custodial parent

[austinmshauri]

Not sure if her mother is willing to co-sign a loan, but I definitely don’t intend to co-sign every year. She’s borrowing about $6000 via fed sub/unsub and is short another $15000.

In another thread you said her mom earns ~$60k/year. Who’s planning to pay off this $80k in loans (+ interest)?

If you borrow this year but neither you or your ex borrow for years 2-4 she’ll have to transfer. Unfortunately, she’ll no longer be eligible for freshman grants.

She was strongly considering CC (partly because of COVID impact and partly because of cost) but decided against it.

If you and your ex refuse to sign her up for > $80,000 in loans she’ll have to consider more affordable options.