Anybody here have a loan that your parents DIDN'T cosign?

[sygyzy]

What kind of question is this? You think people have their parents co-sign their car loans? House loans? There are plenty of adults here, which means there are plenty that DIDN'T have their parents co-sign.

 

[archcommus]

Originally posted by: NeuroSynapsis

Originally posted by: Mo0o
Whoa wait. So your parents didn't cosign for your stafford/perkins loans? Did you tell them they're crucial for your education and that you would save a lot of hassles during college if u had them? Seems ludicrous that your parents are not supporting you on your education.

Refusal to sign anything this year, mainly financial reasons. They don't want to have so much debt and risk losing the assets that they have accumulated should I default on the payments in the future.

Remarks of "do it the hard way and earn it" would be feasable if I went to a UC school, but at a private school that is definately NOT possible.

I'm just waiting to find out what my FA package will be like to see how badly I'll end up in the hole...

I'm 21 BTW with about 1.5-2 years left of school

How come everyone automatically assoicates private school with expensive? Not all of them are. Not even all the good ones are.

I'm not saying yours isn't, you're obviously implying that it is indeed expensive, I'm just saying, the sweeping generalization "private school" shouldn't be used.

 

[Ns1]

Originally posted by: sygyzy
What kind of question is this? You think people have their parents co-sign their car loans? House loans? There are plenty of adults here, which means there are plenty that DIDN'T have their parents co-sign.

That's a completely different situation. With car loans, the amount is pretty reasonable, ~15k and sht. House loan implies that you're well out of college with a career.

I'm talking 30k loans working part time while going fulltime to school

 

[grrl]

Originally posted by: FoBoT
i got a student loan without even talking to my parents
i just went to a bank in the college town and filled out all the papers

that was back in 1985, i guess things are probably different these days/YMMV

Basically the same with me. I was able to pay for my last two years working in the summer. Those were the days of cheap state universities.

 

[sygyzy]

Originally posted by: NeuroSynapsis

Originally posted by: sygyzy
What kind of question is this? You think people have their parents co-sign their car loans? House loans? There are plenty of adults here, which means there are plenty that DIDN'T have their parents co-sign.

That's a completely different situation. With car loans, the amount is pretty reasonable, ~15k and sht. House loan implies that you're well out of college with a career.

I'm talking 30k loans working part time while going fulltime to school

NS, you are turning this debate from one issue into the next. Your subject title clearly asks if anyone's had (any sort of) loans that their parents did not co-sign. I think you know the answer to that. Everyone is not as dependent on mommy and daddy as you may believe.

I think that it sucks your parents are not helping you out. In fact, it basically screws you because in the eyes of the government, parents have a financial obligation to help their kids. The only way out of it is if you prove to the court that you are no longer in the care of your parents. It's basically impossible to do. Trust me, I've tried.

Remember, the choice was yours to go to a fancy private college. You are going to benefit from it after you graduate. That's like complaining about your parents not helping out with the BMW you just bought. Next time, try a Civic.

 

[Ns1]

Originally posted by: sygyzy

Originally posted by: NeuroSynapsis

Originally posted by: sygyzy
What kind of question is this? You think people have their parents co-sign their car loans? House loans? There are plenty of adults here, which means there are plenty that DIDN'T have their parents co-sign.

That's a completely different situation. With car loans, the amount is pretty reasonable, ~15k and sht. House loan implies that you're well out of college with a career.

I'm talking 30k loans working part time while going fulltime to school

NS, you are turning this debate from one issue into the next. Your subject title clearly asks if anyone's had (any sort of) loans that their parents did not co-sign. I think you know the answer to that. Everyone is not as dependent on mommy and daddy as you may believe.

I think that it sucks your parents are not helping you out. In fact, it basically screws you because in the eyes of the government, parents have a financial obligation to help their kids. The only way out of it is if you prove to the court that you are no longer in the care of your parents. It's basically impossible to do. Trust me, I've tried.

Remember, the choice was yours to go to a fancy private college. You are going to benefit from it after you graduate. That's like complaining about your parents not helping out with the BMW you just bought. Next time, try a Civic.

yeah i know =X but i'm not gonna give it all away when i'm so close to the finish.

What I REALLY want to know is with the people that took out personal student loans, what lenders they went with and how vicious was the interest....

 

[BurnItDwn]

When I went to college, I worked to pay my bills. I also dropped out after two years because I hated classes and studying.

As far as loans are concerned, my first big loan was 15K for my car, I bought it when I was 23 and had no co-signers. Also, my current big loan, my Morgage, had no co-signers. Though by the time I got my Morgage, I already had a good credit rating.