<p>I really want to thank everyone who posted a reply. After reading and considering the posts I am firmly committed to not co-signing a loan and have encouraged my son to take a semester off to focus on earning money. Really, he is so young - he has plenty of time to get his act together and return to school, if that’s what he chooses to do. And he can look for a job anywhere - it doesn’t have to be in his hometown. The bottom line is I have some savings set aside for his college but I will not go beyond what I already committed to and I won’t pay his rent when there isn’t enough money from other sources to pay his tuition. I must say that being divorced makes the situation trickier. For instance the car came from and is maintained by his dad. Some of the other questions people had relate to this area and I won’t go into it in a public forum.</p>
<p>FWIW – I had to have a substantial discussion with D a year or so ago that applying for jobs is not serial in nature. She thought that once she’d applied and was in the interview process (which can take quite a while) with one company that it wouldn’t be fair to apply to other companies until she’d been given a definitive answer by the first one. Aargh. </p>
<p>Glad you’re not cosigning a loan, momofhssr2010 – it sounds like he needs some skin in the game.</p>