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Tag Archives: Student Loan Cosigner

Suicide Over Student Loans. Tragic But Understandable.

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It seems more people are contacting me these days who look at suicide as a way out of primarily private student loan debt. I’m sure you have the same visceral reaction as I do and feel everyone needs to be talked off the ledge. But in the hard light of day, considering suicide as a way to deal with student ... Read More »

How do I stop being liable for my sons student loans? – Suzanne

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I’ve co-signed on several of my son’s student loans. I have been making payments for several years on these loans while he was in graduate school. He recently moved out of the country and is still not earning a steady income. I don’t believe he has any intention of ever making payments. Is there any way of getting out of ... Read More »

If I Get a Cosigner for My Private Student Loans Will It Hurt Their Credit If I File Bankruptcy? – Melissa

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“Dear Steve, Thinking about getting a cosigner for a small private student loan, theyre worried about the possibility that their credit will be affected if I ever file bankruptcy, which is highly unlikely, but I know in that case I will have to and plan on always paying my student loans anyways so I dont think it would affect them ... Read More »

Cosigned for Student Loans. What Are My Options Now? – Scott

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“Dear Steve, My son graduated high school 2002, went off to college at Milwaukee School of engineering. I was making in the low 6 figures and was not living any extravagant lifestyle, so I had no problem co-signing for his student loans. Well after 4 years of going to school and then giving up… he is or I should say ... Read More »

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