<p>I know a young woman who could have written that letter. And I do hurt for her mother, a dear friend of mine, who truly believed that she was “investing” in her daughter’s future when she cosigned all of those loans. If I didn’t know the faces and so care about the people in such predicaments as they are in so much trouble, I would tell someone like this writer that she needs to write a letter to her parents who were adults when she took out those loans and cosigned with her, let her borrow that much. That she wasn’t 17 when she signed for 3/4 of the loans. Show her all of the posts here of kids just interested in where they can get the loan and not want to hear anything about the pitfalls, probably just the way she was. You can’t tell them anything. I did tell my friend and her daughter that they should not take those loans, that it was very risky, don’t do it. Go to state U. Nope. Wouldn’t listen, and now the $90K has billowed into a quarter million, and mom is bankrupt. Student is working at barely subsistence level. And the loan keeps increasing as they aren’t even making the interest payments on it.</p>