Another reason never to take private loans: auto-default!

[Iron_Maiden_1]

<p>Here is another reason why private loans are a terrible deal for the student and the co-signer.</p>

<p><a href="http://consumerist.com/2014/07/07/am-i-completely-screwed-when-my-student-loan-co-signer-dies/"&gt;http://consumerist.com/2014/07/07/am-i-completely-screwed-when-my-student-loan-co-signer-dies/&lt;/a&gt;&lt;/p>