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4meAndyou · F
Just a similar case in support of your theory...about paying back college loans: In 2005 my son married a user and a loser. She, (the daughter of a successful lawyer who lived in a prestigious local town), was attending nursing school and she and my son both talked my mother into co-signing her Sallie Mae loan. Her own father had refused to pay for college for his children.
Then she ran out and got pregnant by another man, and left my son. She also left my mother holding the bag for her loan, because as soon as she left she stopped paying a dime on it.
My mother was in the earliest stages of dementia by that time, and when Sallie Mae's collection agency called her again and again, she would get on the phone and argue with them that she didn't owe the money because her former granddaughter-in-law had gone out and gotten pregnant by another man.
Because of my mother's condition, I was finally able to take over her estate as power of attorney, and I brought my mother with me to the attorney's office, where he instructed her that SHE was legally responsible to pay off this loan...because that is what it says on the contract when you co-sign a loan.
I began to pay Sallie Mae off, and we paid until my mother passed away. It was a very hard pill to swallow...having to pay for the college debts of a slimeball like my former daughter-in-law, who is now a wealthy physician's assistant.
Believe me, it made me angry. My brother and I were shorted that money in our inheritances. And I would be equally angry if I had to pay, in taxes, for the college loans of kids who would go on to be rich later in life and just blow the whole thing off with no thought for the people to whom they "stuck it."
Then she ran out and got pregnant by another man, and left my son. She also left my mother holding the bag for her loan, because as soon as she left she stopped paying a dime on it.
My mother was in the earliest stages of dementia by that time, and when Sallie Mae's collection agency called her again and again, she would get on the phone and argue with them that she didn't owe the money because her former granddaughter-in-law had gone out and gotten pregnant by another man.
Because of my mother's condition, I was finally able to take over her estate as power of attorney, and I brought my mother with me to the attorney's office, where he instructed her that SHE was legally responsible to pay off this loan...because that is what it says on the contract when you co-sign a loan.
I began to pay Sallie Mae off, and we paid until my mother passed away. It was a very hard pill to swallow...having to pay for the college debts of a slimeball like my former daughter-in-law, who is now a wealthy physician's assistant.
Believe me, it made me angry. My brother and I were shorted that money in our inheritances. And I would be equally angry if I had to pay, in taxes, for the college loans of kids who would go on to be rich later in life and just blow the whole thing off with no thought for the people to whom they "stuck it."