We Cosigned Our Unemployed Son’s Student Loans. Now We’re Screwed

[4kidsdad]

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It is very unusual to get offered more merit as a transfer than as an incoming frosh. There must be some reason why your sons were offered less as frosh. SAT scores not high enough? GPA not high enough? What? Or did the school implement a new merit plan?

You have guessed it right. I think my sons’ college & h.s. GPAs are similar, but their SAT were below 1950 and low h.s. class rank. RIT’s freshman scholarships are depended on SAT scores & class rank, and its transfer scholarships are depended on GPA.
We were pleasantly surprised with RIT’s transfer scholarships. We were just trying to save on two years of RIT tuition.</p>