[quote=bearishgurl]Why should anyone else assume someone’s college loan? Most ex-students who have exorbitant loans to pay back used a portion of that money to party, go to Starbucks every day while in school and bought all new books when used ones were available for a fraction of the cost. Or they lived in an apt beyond their means and traveled excessively on school breaks. I don’t feel sorry for some of these students. They used their student loans like a credit card. Eventually it becomes time to pay it back. That’s the way life is. [end of rant][/quote]

Errr…. I have no experience with college loans, but I am very surprised that students are allowed to even borrow more than strictly tuition+books/materials. Don’t they have to justify the expenses?