They are student loans that the parents take out for their kids, yeah. Because they can’t lend kids enough foot their own bill.
When you sign up for college, loans for the student and parent are the default assumption. We had one kid so far go to college, two more didn’t, and two more are a few years away from that. We couldn’t afford 150k in debt (that’s nearly what my house cost!) to take out loans for all of them equally, so we had to tell them we wouldn’t help any of them.
What you paid for university is less than what my step-son, who recently graduated with a nursing degree, pays every month in student loans, and a huge chunk of his college was paid by his dad’s military service.
From reading a lot of AITA, those parents loans are on the parents to pay back not the student.
Obviously the student could help the parents pay it back if they make enough but there were many posts about parents who didn’t tell the kid about the loan then expect them to pay it back.
What’s “parent loans”?
It’s just assumed we’re going to take loans out for our kids. To the tune of tens of thousands of dollars. Yeah, no, I can’t afford that shit either.
Specifically for college or what? I’d have classed that as student loans but then again I paid €300 for university so what do I know
They are student loans that the parents take out for their kids, yeah. Because they can’t lend kids enough foot their own bill.
When you sign up for college, loans for the student and parent are the default assumption. We had one kid so far go to college, two more didn’t, and two more are a few years away from that. We couldn’t afford 150k in debt (that’s nearly what my house cost!) to take out loans for all of them equally, so we had to tell them we wouldn’t help any of them.
What you paid for university is less than what my step-son, who recently graduated with a nursing degree, pays every month in student loans, and a huge chunk of his college was paid by his dad’s military service.
I’m guessing loans the parents took out for the child
From reading a lot of AITA, those parents loans are on the parents to pay back not the student.
Obviously the student could help the parents pay it back if they make enough but there were many posts about parents who didn’t tell the kid about the loan then expect them to pay it back.