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Old April 30th 08, 01:06 AM posted to alt.child-support
Bob Whiteside
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Posts: 981
Default Compromise of Arrears Program (COAP) in California


"TNK" wrote in message
. ..

"DB" wrote in message
...

"TNK" wrote in

Just looking for opinions or experience, personal or professional.



Justa thought, can your child not apply for student loans as your income
isn't high enough with the debt load?

Tried that also. Although she is working part time, is an honor roll
student, and takes all the Advanced classes in Physics, Chemistry and
Calculus, the bank still shy away because she is under 18 and a short
employment history. Even when I was going to co-sign the loan
application. I have no assets, only debt. I was the NCP for 12 years.
Getting a student loan is almost as difficult as a mortgage, it seems.


Go to the U.S. Department of Education website and look at the information
on FAFSA. She should easily qualify for a government subsidized student
loan which she doesn't have to pay towards until after graduation and you
can get a low interest Parent Loan to cover what she can't borrow. CS paid
is considered a reduction from income and CS received is an addition to
income.