It seems to me like this scenario is a classic case for insurance. Why isn't there a "student loan insurance" program that will pay off student loans in the event of accidental death or disability?
I suppose that would partially defeat the purpose of having parents co-sign. The parents are (knowingly or not) providing the "insurance". And of course you can't reasonably insure against dropouts or kids who take 10 years to graduate or graduate without any useful skills.
This entry was published Fri Aug 30 08:47:21 CDT 2019 by TriggerFinger
and last updated 2019-08-30 08:47:21.0.