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Who's better for a cosigner for a student loan, to reduce my rate.

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Old grandmother, still employed, she's 75
-or-
mother, just finished another bachelors degree and thus has some debt, but def has longer to live than grandma. She currently doesn't have a full job, she's maintaining in school status by co-oping with a company full time.

I'm already approved for the loan with my credit, but the rate is higher than I'd like.
 
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