Paying for TAMU with high EFC

austinmshauri
Fri, 18 Aug 2017 11:57:10 +0000

No student should let their parents cosign for $100k of loans based on the assumption they’ll graduate with an engineering degree and will be able to make a lot of money. If anything happens to derail the plan – the kid gets weeded out or changes majors, the parent(s) are denied the loan before the student graduates, someone becomes disabled or dies – then somebody is going to owe an enormous amount of money and have no way to pay.