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<p>Hopefully the mom didn’t have to cosign for these! I think forbearance is a temporary option but the interest continues to accumulate and she should be very careful about this. There are certain repayment plans such as IBR/ICR for federal loans, but she obviously has other loans as well. She really needs to wake up and make a plan now or things could get ugly!</p>
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<p>teachandmom, some parents pay their kids student loans and just used the federal loans as they had more favorable rates than parent loans. My kids have Stafford loans that I only pay the interest charges on while they are in school and they repay the balance. I have full access to much of their financial info, including bank accounts and student loans, simply because they gave it to me. It’s not that they don’t understand and accept responsibility for their bills, but they’re more comfortable knowing that they have someone else looking out for them while they’re learning the process. I don’t remind, nag, pay, or monitor other accounts but we’ve heard enough stories about student loan snafus that it’s worth having a second set of eyes on. I keep copies of their loan agreements, statements, passwords, etc. for them in case their copies are lost in a move…which is probably inevitable.</p>