Didn’t read the whole thread. Wonder how many of these in default were cosigned with the parent / grandparent getting surprised when the student didn’t / wouldn’t pay back loan? Just assumed everything would work out. Lots probably didn’t even know the student was not paying until the late notices / credit dings started showing up.
We need to teach behavioral finance in high school in this country. So much would be avoided if the average person actually understood how basic investing, debt, savings, budgets worked.