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Student loan default impact on co-signer

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My 80 yr old dad co-signed about $50k of student loans for my niece. She graduated and got a job but says she can't repay. My parents get soc security and have some retirement income from my dad's job. they no way have or will have the money to repay this loan if my niece defaults. What happens?

Hi there,

I'm a television news producer, I'd love to touch base with you about this topic, we're doing a story about student loan co-signers.

If you'd like to email me my email is:

Sub: #131 posted on Mon, 12/10/2012 - 22:08


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