My sympathy faucet is stuck shut

[vaskidmark]

http://www.newser.com/story/191708/many-parents-have-to-pay-off-dead-kids-student-loans.html

Condolences on the loss of your child.

But you co-signed on the student loan.  Probably never thought you would actually have to cough up cash, but it sure made you and the kid feel good about each other, didn't it?

Maybe you can convince your congresscritter to push that legislation that would allow bankruptcy on non-government guaranteed student loans, so that all the rest of the taxpayers can chip in on the debt.

But what really frosts me?  They are pastor and pastor's wife.  They ought to know their Bible, right?  Including that line about rendering unto Caesar.  (Yeah, I know it's usually cited for the opposite reason, but there it is, right in The Good Book, attributed to Jesus as a direct quotation.  That ought to give it weight, right?)

stay safe.

[zxcvbob]

Haven't read the article.

That's one of the few cases where a life insurance policy on the kid makes sense.  You can cancel it when the debt is paid-off, or refinanced to get your name off of it. (or the balance is small enough you don't care anymore)

[lee n. field]

We did not.  Dan took his loan out on his own.  We didn't even know he was going to the program at SIU until a month out.  We informed the loan co (which had changed a couple times in the interim), and that was that.

Whether the kid's estate is responsible, is another question.  And that, to what I have read, depends on how the loan was written.

[BlueStarLizzard]

co sign for a loan, expected to pay it off?


how is this not a no *expletive deleted*it sherlock moment?

[Hawkmoon]

"But somehow getting [my daughter] an education has encumbered me for the rest of my life."

"Somehow"? Because, like, you had no idea that co-signing a loan made you responsible if the other co-signer doesn't pay it off? Be thankful you (probably) life in a church-owned house so the creditor can't foreclose on the home to pay off (or down) the loan.

This puts me in mind of my late brother-in-law, who once paid much too much for a Camaro and then got tired of it within six months (as he always did). He couldn't sell it for what he paid to buy it. He and my sister, my brother and his wife, and I were at my parents' house for dinner one night and b-i-l asked (quite seriously), "If my car gets stolen then I don't have to pay off the loan, right? I mean, after all, I wouldn't have the car any more so why should I have to pay off the loan.?"

You just can't be a lot more transparent about plotting a felony offense. Thankfully for my sister, he didn't arrange to have it "stolen."

[Bigjake]

Read the comments on the Fark link.

It makes me ALMOST hope the economy collapses hard, just for the joy of seeing those ignorant leaches writhe.