Co-signing a student loan might feel like a short-term favor, but for many people it becomes a long-term financial risk. According to higher education expert Mark Kantrowitz, more than 90% of private student loans require a co-signer, meaning two people are equally responsible for the debt. “A co-signer is often required for a private student loan because the student borrower has a thin or non-existent credit history,” Kantrowitz told CNBC (1). “They are an unproven asset.” Must Read That obligation do ...

New Graduate Student Loan Restrictions May Encourage Schools to Lower Tuition[Skip to content] [Investopedia][Trade]* SearchPlease fill out this field.* [Newsletters]* Top Stories* [Tech Sell-Off Sends Stocks Sharply Lower]* [What To Expect From Friday's Report On Inflation]* [It's So Cold Out You Can See It In Economic Statistics]* [Where Are Gas Prices The Cheapest?]Table of ContentsExpandTable of Contents* [Will Eliminating Grad PLUS Loans Really Lower Tuition?]* [Some Students Will Need Further Access t ...