Relevant:
- Study links student loans with lower net worth, housing values after college
- Private Student Loans: The Subprime Mortgages of the College WorldÂ
- Student loans seen as potential ‘next debt bomb' for U.S. economy
- The broken tassel of American higher education -- College debt defaults bring up questions about repayment structure. Is college even worth the current costs?
- Senior citizens continue to bear burden of student loans
2013-01-03 — propublica.org
``Private student loans can also saddle generations with debt when parents co-sign on the loans taken out by their children. As we reported, that's what happened to Francisco Reynoso, a California gardener who made just over $21,000 last year. He co-signed on six figures in private student loans for his son. Several months after the younger Reynoso graduated, he died in a car accident, leaving his father mired in grief and debt. ''
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