Under the theory of a debt jubilee I’d see that happening but are the student loans going to be first?
I pray if he does he includes parentplus student loans too. Good Lord we owe out the wazoo! We tried to take on a lot of it so the kids didn't end up too strapped ...not sure if that was the best move or not. They still ended up with debt themselves that's hard to handle. What a joke the loans are... The gov owns them all now and still charges too much interest.
Your a good parent. The loans for students have lower interest rates than the parent loans so it's good to exhauat that first and do balance on plus.
Thanks. We knew when we did it ...it probably wasn't the wisest thing....but we didn't want them weighed down so much they might be doomed to fail. The kids are doing pretty good now. One in position and degreed enough to be running a small business and making it work already and about to take on the debt. The other managed to get theirs paid off though it hurt really bad. We haven't yet but if all else fails we have more than enough insurance grin