“What Is a Cosigner for Student Loans? A cosigner can help you qualify for a student loan and possibly get you a lower interest rate, but cosigning comes with risks. A cosigner is someone who agrees to share in the responsibility of a loan with you. And when it comes to student loans, they’re incredibly common. Around 90% of private student loans have a cosigner, according to data from” WSJ.
“Another round of forgiveness was announced Thursday, bringing the total amount of student loan cancellation to more than $175 billion for nearly 5 million people since President Joe Biden took office. That’s roughly equal to 11% of all outstanding federal student loan debt.” CNN. 90% of parents co-sign the loan to insure repayment! If the kids don’t want to pay make their parents!
And that is all I’m going to say about that!
Drain the Cesspool 