consolidate with one of the big lending companies
also consider working for Teach For America or something where they will help either forgive your loans or negotiate a lower monthly payment.
good luck

Yes and contact your senator and rep about loan forgiveness if you work in lower income schools or similar institutions. Several folks are after them to sponsor legislation to do that. Not all $$ of course but say 10% of principle for every year you teach in those schools!!!

Yahoo over to this place:

There are several calculator options here.

The item will appear on both of your credit reports. If you’re name is first, you will get more pts for it than him. I think one loan officer said it was something like 15-10 of 10-5 (either way you get the picture). Anyway, as long as the item is paid in full, it will help both of your scores.

It shows up on both credit reports. It would be just as ‘good” for your report as if you’d gotten the loan by yourself.

As long as you are PRIMARY on the loan. Some state report on the Cobuyer, but many do not. (Michigan is one of them)

If your boyfriend has good credit, and you do not.. alot of times finance companies will “flip” the buyer/cobuyer and place him as PRIMARY and you as COBUYER, in order to give you a better interest rate and a lower payment.

If you need to build credit, check and see if the finance institution reports to credit bureaus on the Cosigner… just in case.. so you can get the better rate and the better credit score.

Both…but if you default or become late on any payments…the creditors go after him and his credit rating gets hurt.

It will look good on your credit! It’s a good way to build if you don’t have credit or if you don’t have good credit. I co-signed for my brother and he now has good credit.

I do believe that interest on a student loan is deductible for only the first 60 months of the payback period, which means the first five years. If your loan was taken out seven years ago, you’re past the time frame during which you may deduct the interest.