Should a parent cosign for a private student loan?

mom2collegekids
Fri, 22 Jun 2012 18:02:01 +0000

^^^

Right, but sometimes the problem is that people can’t afford what their State U COA is.

I was talking to a student who had been offered enough merit to U San Diego to bring the cost down to a UC…about $30k per year. Fine…except the family couldn’t afford a UC, either…and would have to co-sign most of the $30k per year. Getting cost down to a state univ only works well if that is your target budget.