More Parents Delay Retirement To Pay Kid's Student Loans

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More Parents Delay Retirement To Pay Kid's Student Loans

[daebak_hana]

When I got the bill for my first semester of college I had a hard decision. Either take a loan or go to another college. I am grateful everyday I never took loans. I went to a more affordable college and changed my major. Saved my self from 500k worth of debt.

[Nighthawk-]

Several years ago my parents had a very frank conversation to me and my three bothers "IF YOU GUYS WANT TO GO TO SCHOOL PAY FOR IT YOURSELF WHETHER IT'S A GRANT LOAN OR GI BILL YOUR MOTHER AND I ARE NOT MILLIONAIRES"

[darwinLee]

Where is her Daughter. If it wasn't for the student debt story you wld think she passes away or something. The pictures/degree/video. She needs to be in the report!

[metamorphiccrystals]

Her DAUGHTER NEEDS 2 GET A JOB MAKING 100K, move in with her mom to save $$$ and then use the 100K salary to help her pay down that debt. Daughter got a free ride.

[gogo]

I think every parent should have a frank talk with their HS age children about their own financial situation and let reality sink in. My daughter took out student loans to go to a state school, but she worked during the school year and full time in the summer. Made enough to pay it off every year with no interest accrued. The only thing I helped her is get a 10yr old corolla so she can go from school to work. She's working now with no student loans but still driving that beater.

[jeffrobinson]

Try letting your " kids" be adults and pay their own debts back ! I would never think of putting this burden on my parents, it's so not fair in so many ways !

[LifeofPani]

😨 woahhhh! Your kid has accomplished so much, then what is holding her back from paying off her own student loans and not sending her Loving mother into a life of anxiety and panic attacks for the last days of her life? WTF 😲 is going on

[jimspammington]

One word to describe this. " America "

[georgemaximus]

This is very sad indeed. This daughter should pay off her own debt and her mother shouldn’t need to pay her daughter’s debt. It’s not fair for the mother. People ought to take responsibility for their own decisions.

[DistractedDaisy]

Isn’t this the child’s responsibility to pay back.

[mw-oobq]

I understand that parents love their children, but (speaking as a Gen Z sdult here), one of the best things you can do for your adult children is to encourage them to take responsibility for what they do. Infantilzation is not love. Dint even get me started on College costs. If you want a degree, please, for the first two years at least, go to Community college. General Ed classes are the same but much cheaper.

[DudeSweet]

Parents raising children, to be children forever.

[brianmanning]

So what is her daughter doing to help out?

[stairborne]

I owe ZERO in student loan debt. I used the military to pay for my school to get my degree. I would have never put my parents in a situation where they pay for my school…

[subhunter]

Did any one do the math before getting this loan. The kids should be paying too.

[SavingsMinusDebt]

62 and has not started paying on her parent plus loans? She's clearly accepting of dying with student debt.

[jamesnhatcher]

Why are parents even now guilted into paying for their kids college

[ktg]

One of my college roommates had parents who refused to pay for her college education...they told her this when she was a sophomore in high school. The parents owned a small business and definitely could have helped, if they wanted to. She earned good grades in high school, did extra curricular activities, and got a part-time job. When applying for financial aid, she applied as an independent. She ended up getting a partial scholarship, plus whatever the max is for federal grants, and she got a work-study job.

[MsMockingbird]

📢📢Parents and students, please do what you can to minimize or completely avoid taking out student loans. Go to a cheaper school or start out at a community college for the first 2 years. It’s unnecessary to have 6-figures of student loan debt or anywhere close to it.

[carolsmith]

Those of us who worked our way through college have no pity.