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

<p>Cellardweller, I also have a story to share with you on a MIT grad who wasn’t lured to a bank.
My best friend’s son has his BS and PhD in computer engineering from MIT. He was recruited to work at an investment bank in NYC, not a front office job, but with the IT department. He chose instead to work for Google in CA. After one year, he transferred to a new start-up who initially rejected him, but contacted him after he had experience at Google. Now 2 years later, the company was just acquired for over $1B and my friend’s son is now a multi-millionaire, worth more than his cohorts who opted to work in finance.</p>